This book proposes an overview of the fields in the economics of law to which the author has contributed. It also covers in detail other fields and many contributions to the literature. The emphasis is on theory, but some empirical facts are mentioned...I very much enjoyed reading the book. It covers with great competence the relevant topics of positive and normative analyses of law. The book reflects the strong academic competence of the author. I recommend the book to academics and professionals. I also recommend its use for teaching the economics of law in law schools, economics departments, and business schools. -- Dionne Georges Journal of Risk and Insurance 20061201Vom Verlag:
In this book Steven Shavell provides an in-depth analysis and synthesis of the econoic approach to the building blocks of our legal system, namely, property law, tort law, contract law and criminal law. He also examines the litigation process as well as welfare economics and morality. Aimed at a broad audience, this book requires neither a legal background nor technical economics or mathematics to understand it. Because of its breadth, analytical clarity and general accessibility, it is likely to serve as a definitive work in the economic analysis of law.
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