Law & Economics

by Robert Cooter, Thomas Ulen

Law and Economics have become central organizing philosophies in U.S. legal education. With the Fourth Edition of their best-selling text, Cooter and Ulen continue to provide students with a clear method for applying economic analysis to the study of legal rules and institutions. Following an overview of economic tools for law students and legal analysis tools for economics students, paired chapters offer a combination of clear theoretical analysis supported by practical application. Economic theories in five core areas of the law are used to explain and analyze topics, illustrating how microeconomic theory can be used to increase understanding of the law and improve public policy.

Genres: Economics, Law, Nonfiction, Reference, Textbooks

707 pages, Hardcover

First published January 1, 1988

Reviews

[maja · Rating 3 out of 5]

obviously didn‘t read this for pleasure but for uni and all it made me realise is that i now want to read more books about why economists are wrong
(an unpleasant trip into christian lindner core)

[Sarah Holz · Rating 3 out of 5]

This is an interesting topic, but I feel like it needs a warning label to remind everyone that economics isn’t a perfect science. Economic theory in the law has its place and value, but as usual legal economists assume every ill in the law can be fixed by efficiency and a graph. Economists are the only people even more likely than lawyers to assume everyone is a rational actor who will proceed like a laboratory model. Economics and contracts are a match made in heaven — economics and criminal law are an Orwellian nightmare.

[Dave Stewart · Rating 5 out of 5]

Yea, it's a textbook...but it's amazing.

[Jeff Cliff · Rating 2 out of 5]

I really did not like it while I was reading but it forever changed the way that I looked at pretty much everything. Game theory infected me via this book.

[DL⋆｡°✩ · Rating 4 out of 5]

Taught me efficiency maxxing

[Dick]

Just thought I would let my friends know what I am currently reading. I am about half way through this enchanting book. As of yet there has been no romance or comedy but I am staying optimistic. I am also reading two books on Negotiations (preparing for my MBA class that I teach this Spring). I wont get to read anything fun until Spring Break. Poor Kirsten cant read anything fun until at least July. Stay classy Chapman's and remember that personality mirroring and getting your name out there...a lot, is the key to success.
BTW why isnt there a GoodMovies website? After all the print is dead (except for the few of us that still like something solid to hold, examine and read). Film is the art form of our times.

[Nuni · Rating 3 out of 5]

after I finish *ga bener2 selesai siy sebenernya* with this book, I kinda have an extra appreciation to those economist out there who willing to study such complexity offered by this field of knowledge...phhffiuuhh

this book is very comprehensive in trying to introduce lawyers to the important of familiarity with economic issues that they deal with, but from an economist perspective...
It has openned my eyes and provided me with rationale of how a law should solve social problems through some economic calculations...

even that the author and this book itself is not the first in the field of law and eceonomics, the author tries to update the knowledge of their readers through a website link for some sections in this book...

[Tara · Rating 4 out of 5]

Solid introduction to the field of law and economics. Anyone can read this. It presupposes virtually no knowledge on economics or law -- a brief synopsis of basic microeconomics and the common law system is presented at the outset. Sure, it's a textbook, but it's a great one -- one of the few I actually plan to keep (although that may be because I have it conveniently saved in PDF form on my hard drive).