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.
Donald A. Wittman is Professor of Economics at the University of California, Santa Cruz. His Ph. D. is from the University of California, Berkeley and his research interests range over law, politics, philosophy, and microeconomics. He has been published in the Encyclopedia of Law and Economics, The New Palgrave Dictionary of Economics and the Law, the Journal of Legal Studies, the Journal of Law and Economics, the Journal of Public Economics, American Political Science Review, the American Economic Review, the Journal of Conflict Resolution, Journal of Political Economy, and the Journal of Economic Theory. In addition, he has published two books, The Myth of Democratic Failure (1995) and The Federalist Papers: The New Institutionalism and the Old (1989).