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Game Theory and the Law

3.5  ·  Rating Details ·  34 Ratings  ·  1 Review
This text applies the tools of game theory and information economics to advance the understanding of how laws work. Organized around the major solution concepts of game theory, the authors shows how such well-known games as the prisoner's dilemma, the battle of the sexes, beer-quiche and the Rubinstein bargaining game can illuminate many different kinds of legal problems. ...more
Paperback, 344 pages
Published September 1st 1998 by Harvard University Press (first published November 7th 1994)
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Thom
Feb 29, 2008 Thom rated it really liked it
Recommends it for: any free thinking individual who is interested in the nature of strategic decision making.
Recommended to Thom by: The web.
Yeah, I know: Thom is reading another hyper-intellectual book to prove he isn't dumber than the rest of us.

Don't get me wrong. I freely admit this book is about as compelling as a mouth full of dry rolled oats. It reads slowly, painfully, awkwardly. It's drawn-out explanations of simple games is awful. But the principles it applies are sublime in that they reflect a degree of analytical rigor that is sorely missing from so much of law. The principles of game theory have already been discovered,
...more
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Douglas Baird is the Harry A. Bigelow Distinguished Service Professor of Law at the University of Chicago Law School.

Douglas Baird graduated from Stanford Law School in 1979. At Stanford he was elected to the Order of the Coif and served as the Managing Editor of the Stanford Law Review. He received his BA in English summa cum laude from Yale College in 1975. Before joining the faculty in 1980, he
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