Law and economics or economic analysis of law is the application of economic theory specifically microeconomic theory to the analysis of law that began mostly with scholars from the chicago school of economicseconomic concepts are used to explain the effects of laws to assess which legal rules are economically efficient and to predict which legal rules will be promulgated. Economics of property law economic approaches to law series richard a epstein on amazoncom free shipping on qualifying offers this important volume gives a comprehensive overview of the economic foundations of private property law beginning with economic and philosophical accounts of the origins of property. Economic models of law economic approaches to law series 9781783472055 history of law and economics economic approaches to law series 51 the articles are grouped under the relevant areas of law including torts contracts property crime and legal process the section on property for a number of reasons explained in the book . Economics of property law economic approaches to law series edited by richard a epstein james parker hall distinguished service professor of law university of chicago the peter and kirsten bedford senior fellow the hoover institution and visiting professor of law new york university law school us. An important factor leading to the spread of law and economics in the 1970s was a series of seminars and law courses for economists and economics courses for lawyers organized by henry manne and funded in part by the liberty fund
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