Description
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.
Readership
Advanced graduate students, researchers and professionals interested in Economics, Law and their interaction.
Handbook of Law and Economics, 1st Edition
1. Contract Law
Benjamin 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 Law
Dean Lueck (Department of Economics, University of Arizona)
Thomas Miceli (Department of Economics, University of Connecticut)
4. Litigation
Kathryn Spier (Kellogg School of Management, Northwestern University)
5. Empirical Study of the Civil Justice System
Daniel Kessler (Graduate School of Business, Stanford University)
Daniel Rubinfeld (School of Law and Department of Economics, University of California, Berkeley)
6. Public Enforcement of Law
A. Mitchell Polinsky (Stanford Law School)
Steven Shavell (Harvard Law School)
7. Empirical Study of Criminal Punishment
Steven Levitt (Department of Economics, University of Chicago)
Thomas Miles (University of Chicago Law School)
8. Environmental Law
Richard Revesz (School of Law, New York University)
Robert Stavins (Kennedy School of Government, Harvard University)
9. Regulation of Health, Safety, and Environmental Risks
W. Kip Viscusi (School of Law & Department of Economics, Vanderbilt University)
10. Taxation
Louis Kaplow (Harvard Law School)
11. International Law
Alan O. Sykes (Stanford Law School)
