‘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 know the value of the economic analysis of law. The ideas examined in these pages have power almost everywhere one looks.’ Saul Levmore, University of Chicago Law School
‘Wittman has condensed many of the classic writings in law and economics to their essence. I wager that many more than students will find this useful.’ Aaron Edlin, UC Berkeley School of Law
‘Professor Wittman selects truly seminal pieces and puts them into perspective. The commentaries linking the articles should be illuminating for both students and advanced scholars, and are a true contribution to the literature by themselves. The articles have been shortened intelligently, making them much more accessible and highlighting the core arguments. This collection comes very close to being the perfect introduction to law and economics literature.’ Gerrit De Geest, Utrecht University, Belgium
Providing students with a solid grounding in the economic analysis of the law, this reader brings together diverse and challenging journal articles into a unified collection. Chosen to provoke thought and discussion, these carefully streamlined articles apply economic theories to many aspects of the law, from intellectual property, corporate finance, and contracts to property rights, family law, and criminal law.
Most of the formal mathematics has been removed, allowing these articles to reach a student audience, while also encouraging an intuitive understanding and application of the economic principles. Brief introductions to each article explain their background and context. This collection will be a valuable addition to courses in both economics and law, providing economics majors with a respite from dry theory, and giving law students a broad, unified vision of the law.
From the Back Cover
Providing students with a solid grounding in the economic analysis of the law, this reader brings together diverse and challenging journal articles into a unified collection. Chosen to provoke thought and discussion, these carefully streamlined articles apply economic theories to many aspects of the law, from intellectual property, corporate finance, and contracts to property rights, family law, and criminal law.
Most of the formal mathematics has been removed, allowing these articles to reach a student audience, while also encouraging an intuitive understanding and application of the economic principles. Brief introductions to each article explain their background and context. This collection will be a valuable addition to courses in both economics and law, providing economics majors with a respite from dry theory, and giving law students a broad, unified vision of the law.
About the Author
Donald A. Wittman is Professor of Economics at the University of California, Santa Cruz. His articles have been published in top legal, economic, and political science journals, and he has published two books, The Myth of Democratic Failure (1995) and The Federalist Papers: The New Institutionalism and the Old (co-edited with B. Grofman, 1989).
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