Economic analysis of law by Richard A. Posner

Cover of: Economic analysis of law | Richard A. Posner

Published by Little, Brown in Boston .

Written in English

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  • United States.


  • Law -- United States.,
  • Trade regulation -- United States.

Edition Notes

Includes bibliographies and index.

Book details

StatementRichard A. Posner.
LC ClassificationsKF385 .P65 1977
The Physical Object
Paginationxxiii, 572 p. :
Number of Pages572
ID Numbers
Open LibraryOL4560620M
LC Control Number77071509

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A book -- I read the first or second edition -- the changed my life. Long before Posner became a grumpy old man, this work defined the field of law and economics, in a way that, for the first time for me, seemed to make sense of both.4/5.

Economic Analysis of Law is beyond critics. It's a classic in the literature of Law and Economics, a true required reading. It combines a large perspective of subjects in Law and Economics with the right level of depth.

Read more. One person found this 4/5(10). Economic Analysis of Law, Eighth Edition, written by the pioneer in law and economics analysis, Richard A. Posner, remains the classic text in its field. This lucid, comprehensive casebook covers every aspect of the economic analysis of the law, including the common law, public regulation of the market, business organizations and financial markets, the distribution of income and.

'Professor Wittman collects some of the best and most provocative works on law and economics in this one book. An excellent entry point for those who are new to the field, this book is also a terrific resource for those who already.

The title of this book is misleading. It is a book about economics and economic theory, but not about economic analyses, or econometrics. My rating on comprehensiveness is Economic analysis of law book directly to the lack of applied econometric and economic analysis material as you would find in a text as by Stock and Watson, or Angrist, et al4/5(3).

articles and culminating book () on accident law, and R.A. Posner's () general textbook on economic analysis of law and his establishment of the Journal of Legal Studies.

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Posner, remains the classic text in its field. Lucid, comprehensive, and definitive in its field, this text covers every aspect of economic analysis of the law Updated in its Seventh Edition, ECONOMIC ANALYSIS OF LAW is the preeminent work in its field, covering the legal-economic perspective on all key areas, from common law to the Constitution.

Authored by the pioneer in law and economics analysis, this user-friendly and accessible text sustains itself as a favorite among students and professors, alike. Law and economics or economic analysis of law is the application of economic theory (specifically microeconomic theory) to the analysis of law that began mostly with scholars from the Chicago school of ic concepts are used to explain the effects of laws, to assess which legal rules are economically efficient, and to predict which legal rules will be promulgated.

Virginia Law Revie'w the picture of the pictured world (without, by the way, except in extremis, transforming the hero). Richard Posner's hero is also eponymous. He is Economic Analysis. In the book we watch him ride out into the world of law, encountering one after another almost all of the ambiguous villains of legal thought.

Introduction to Economic Analysis Version by R. Preston McAfee J. Stanley Johnson Professor of Business, Economics & Management California Institute of Technology Begun: J This Draft: Novem This book presents introductory economics (“principles”) material using standard mathematical tools, including Size: 2MB.

Economic Analysis. This book covers the following topics: Managerial Economics, Objectives Of The Business Firm, Fundamental Economic Concepts, Law Of Demand, Demand Elasticity, Demand Forecasting, Consumer Behaviour: Cardinal Analysis, Ordinal Analysis, Production Function, Economies Of Scale, Cost Concepts, Price Determination: Perfect Competition And.

OCLC Number: Description: xi, pages illustrations 25 cm: Contents: The economic approach to law --The common ty ; Contracts ; Crimes and torts ; The unity of the common law --Public regulation of the theory of monopoly ; The antitrust laws ; A note on labor law ; Public utility and common carrier regulation ; The choice between regulation and.

Methodologically speaking, if one admits that the economic analysis of law consists in using economic tools to analyze legal problems, Calabresi’s own work must be classified as : Alain Marciano. - ECONOMIC ANALYSIS OF INDIA The Indian Economy is the tenth largest in the world by nominal Gross Domestic Product and the third largest in terms of purchase power parity.

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Basic Concept of Economics Lesson 1. Introduction to Economics Lesson 2. Human Wants: Importance Features and Classification Lesson 3. Basic Terms Part-I Lesson 4. Basic Terms Part- II Lesson 5. Theory. At the time of his death inJoseph Schumpeter--one of the great economists of the first half of the 20th century--was working on his monumental History of Economic Analysis.

A complete history of efforts to understand the subject of economics from ancient Greece to the present, this book is an important contribution to the history of ideas as well as to economics.

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book' and which causes a potential for miseducation of American law. students when the book is taught without extensive critical commen-tary. This Review will consider the cause and justification of systematic. study of the interrelation of law and economics to which Economic.

Analysis of Law is a by: 2. POSNERIAN JURISPRUDENCE AND ECONOMIC ANALYSIS OF LAW: THE VIEW FROM THE BENCH GEORGE M. COHENt Judge Richard A. Posner, of the United States Court of Appeals for the Seventh Circuit, is a renowned scholar in the field of law and economics. Since his appointment to the bench, on December 4, ,Author: George M.

Cohen. Contract law governs agreements between parties. This paper contains the chapters on contract law from a general, forthcoming book, Foundations of Economic Analysis of Law (Harvard University Press, ).

Chapter 13 presents an overview of Cited by: 9. The economic analysis of law (sometimes called "law and economics") has arguably been the most influential development in legal scholarship of the last fifty years.

It uses the tools of economics to better understand legal rules and the social phenomena that they address, allowing one to view them from a new, often helpful perspective. Accident law is the body of legal rules governing the ability of victims of harm to sue and to collect payments from those who injured them.

This paper contains the chapters on accident law from a general, forthcoming book, Foundations of Economic Cited by: Economic analysis is the study of economic systems.

It may also be a study of a production process or an industry. The analysis aims to determine how effectively the economy or something within it is operating. For example, an economic analysis of a company focuses mainly on how much profit it is : Christian Nordqvist.

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articles and culminating book () on accident law, and Posner's () general textbook on economic analysis of law and his establishment of the Journal of Legal Studies. As this survey will indicate, research in economic analysis of law has been active since the s and is accelerating.

1 The field, however, is far from mature; one. Law and Economics, today, reflects a similar division. There are many Benthamites—Economic Analysts of Law—around. These scholars look at the legal world from the standpoint of existing economic theory. And if the world does not do what that theory seems to suggest it ought to do, they dismiss the world as irrational.

INTERVENTIONISM: AN ECONOMIC ANALYSIS by Ludwig von Mises Edited by Bettina Bien Greaves The Alternative: Statutory Law Versus Economic Law 2.

The Reaction of the Market 3. Minimum Wages and Unemployment 4. The Political Consequences of Unemployment the manuscript for this book.

Foundations of Economic Analysis is a book by Paul A. Samuelson published in (Enlarged ed., ) by Harvard University is based on Samuelson's doctoral dissertation at Harvard book sought to demonstrate a common mathematical structure underlying multiple branches of economics from two basic principles: maximizing behavior of agents.

About the Book. Lucid, comprehensive, and definitive in its field, this text covers every aspect of economic analysis of the law. Features: The preeminent work in the field, covering the legal-economic perspective on all key areas, from common law to the constitution.; Highly distinguished author, the pioneer in law and economics analysis.

Economic analysis of law applies the tools of microeconomic theory to the analysis of legal rules and institutions. Ronald Coase [] and Guido Calabresi [] are generally identified as the seminal articles but Commons [] and Hale [] among others had brought economic thinking to the study of law in the s and s.

law, taxation, and accident law. Bywhen the firstedition of Economic Analysis of Law was copyrighted (actual book publi-cation was not until ), research in other areas had proceeded to the point where it was possible to conceive of the application of economics across the whole range of le-gal fields.

My book was the firsteffort todo. University of Chicago Law School, Program in Law and Economics Working Paper 53 2 consumer protection, and other areas new to economists had appeared and the rough shape of the mature field was discernible. Later, books and articles would extend the economic analysis of law into such fields as employment, admiralty, intellectual property,File Size: 60KB.

Economic analysis of law by Richard A. Posner; 9 editions; First published in ; Subjects: Economic aspects of Law, Trade regulation, Economic aspects, open_syllabus_project, Law, Law and economics; Places: United States.

I am happy to announce the publication of my new book, “Economic Analysis of International Law,” published by Edward book is an edited collection (co-edited by Prof.

Francesco Parisi. The WTO Case Law of Legal and EconomicThis book brings together the output of the American Law Institute (ALI) project on World Trade Organization Law.

Each chapter focuses on a different dispute from the adjudicating bodies of the WTO. Each case is jointly evaluated by well known experts in trade law and international economics. The law’s answer is "no." n37 The economic explanation is that a building is functional as well as formal or decorative, so that if the architect could prevent the copying of the design elements visible in the building he would have much fuller property-right protection than copyright law (with its very long term) envisages.

The analogy to. “ Law and economics,” also known as the economic analysis of law, differs from other forms of legal analysis in two main ways. First, the theoretical analysis focuses on efficiency. In simple terms, a legal situation is said to be efficient if a right is.

This book examines the main issues arising in economic analysis of contract law with special attention given to the incomplete contracts. It discusses both the main features of contract law as they relate to the problem of economic exchange, and how the relevant legal rules and the institutions can be analysed from an economic : Palgrave Macmillan.

The modern field of “law and economics” (that is, of economic analysis of law) dates from the s. Until then, Jeremy Bentham’s economic analysis of criminal law having been forgotten, economics was thought relevant to only a few fields of law, all commercial—antitrust law, public utility and common carrier regulation, and tax law.Economic Analysis of Law (Fourth Edition) by Richard A.

Posner and a great selection of related books, art and collectibles available now at - Economic Analysis of Law by Richard a Posner - AbeBooks.Law and Economics deals with the economic analysis of legal relations, legal provisions, laws and regulations and is a research field which has a long tradition in economics.

It was lost after the expulsion of some of the leading economists from Germany .

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