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What people are saying - Write a reviewReview: Law and Economics (4th Edition) (Addison-Wesley Series in Economics)User Review - GoodreadsYea, it's a textbook...but it's amazing. Review: Law and Economics (5th Edition) (Addison-Wesley Series in Economics)User Review - Goodreadsafter 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 ... Related books
Contents
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Common terms and phrasesaction addicts adverse possession allocation amount award bargain theory behavior benefits breach buyer cause chapter Coase Theorem common law comparative negligence compensation compensatory damages competitive consumer contract law court crime criminal decisionmaker defendant demand curve deterrence discussion dispute economic analysis economic theory economists efficient enforce equal example exchange expected damages expected monetary value external external costs fact Figure firm function harm heroin imposed incentives income increase indifference curve inefficient injurer legal standard level of precaution litigation losses manufacturer marginal cost microeconomic negligence rule no-fault nomic optimal output owner ownership parties perfect competition performance person plaintiff potential probability problem products liability profits promise promisor property rights punishment punitive damages purchase question rational reason reliance remedy requires restriction result risk seller social costs statute strict liability Suppose surplus tion tort law tort liability trial utility victim warranty Bibliographic information
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