Handbook of Law and Economics

Edited by

  • A. Mitchell Polinsky, Stanford University, CA, U.S.A.
  • Steven Shavell, Harvard University, Cambridge, MA, U.S.A.

Law can be viewed as a body of rules and legal sanctions that channel behavior in socially desirable directions — for example, by encouraging individuals to take proper precautions to prevent accidents or by discouraging competitors from colluding to raise prices. The incentives created by the legal system are thus a natural subject of study by economists. Moreover, given the importance of law to the welfare of societies, the economic analysis of law merits prominent treatment as a subdiscipline of economics. Our hope is that this two volume Handbook will foster the study of the legal system by economists.
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Advanced graduate students, researchers and professionals interested in Economics, Law and their interaction.


Book information

  • Published: November 2007
  • Imprint: NORTH-HOLLAND
  • ISBN: 978-0-444-51235-2

Table of Contents

1. Contract LawBenjamin Hermalin (Haas School of Business, University of California, Berkeley)Avery Katz (Columbia Law School)Richard Craswell (Stanford Law School)2. Liability for Accidents Steven Shavell (Harvard Law School)3. Property LawDean Lueck (Department of Economics, University of Arizona) Thomas Miceli (Department of Economics, University of Connecticut)4. LitigationKathryn Spier (Kellogg School of Management, Northwestern University)5. Empirical Study of the Civil Justice SystemDaniel Kessler (Graduate School of Business, Stanford University) Daniel Rubinfeld (School of Law and Department of Economics, University of California, Berkeley)6. Public Enforcement of LawA. Mitchell Polinsky (Stanford Law School) Steven Shavell (Harvard Law School)7. Empirical Study of Criminal PunishmentSteven Levitt (Department of Economics, University of Chicago) Thomas Miles (University of Chicago Law School)8. Environmental LawRichard Revesz (School of Law, New York University)Robert Stavins (Kennedy School of Government, Harvard University)9. Regulation of Health, Safety, and Environmental RisksW. Kip Viscusi (School of Law & Department of Economics, Vanderbilt University)10. TaxationLouis Kaplow (Harvard Law School)11. International LawAlan O. Sykes (Stanford Law School)