Law and Economics by Robert Cooter and Thomas Ulen – Edition 2004

Description

This best-selling text continues to provide students with a clear method for applying economic analysis to the study of legal rules and institutions. Law and Economics opens with an overview of economic tools for law students and legal tools for economics students. Later chapters cover economic theories in five key areas of the law: property, contracts, torts, legal process, and crimes.

The Fourth Edition has been thoroughly revised for clarity and coverage. New material includes recent developments in intellectual property, law and social norms, efficiency versus equity, private disputes versus tax and transfer as methods of achieving equity, and behavioral law and economics. Empirical literature and data have been extensively updated throughout. The improved and expanded end-of-chapter problems serve as an important resource for students. All new ‘Web Notes’ featured in each chapter, closely link the text with materials on the Web site for the book.