Economics of the Law: A Primer / Edition 1

by Wolfgang Weigel

Overview

There is an ever-increasing interest in the question of how and why legal norms can effectively guide human action. This compact volume demonstrates how economic tools can be used to examine this question and scrutinize these legal norms. Indeed, this is one of the first text to be based on civil law instead of the more usual common law, situating the study of both private and public law within the framework of institutional economics, with recommendations for further reading and a list of key terms in each chapter.

Besides the standard economic problems in property, tort, contract, crime and litigation, areas covered include:

• new institutional economics
• public choice
• constitutional law
• public administrations
• regulatory impact analysis.

This book is essential reading for students in law schools and economics departments alike, particularly those engaged with the methodology of law and economics, applied economics and economic methods of legal policy.

Product Details

ISBN-13:	9780415401050
Publisher:	Taylor & Francis
Publication date:	02/07/2008
Series:	Routledge Advanced Texts in Economics and Finance
Edition description:	New
Pages:	230
Product dimensions:	6.12(w) x 9.19(h) x (d)

About the Author

Wolfgang Weigel is Associate Professor at the University of Vienna and Chair of the Joseph von Sonnenfels Centre for the Study of Public Law and Economics.

Table of Contents

1. Looking at Legal Norms from an Economic Viewpoint 2. Much of Law and Economics is about Property Rights 3. Conflicts: Caused by accidents, Damages, Failed Negotiations and Broken Contracts 4. Lawsuits and Law Enforcement 5. The Law and Economics of the Public Sector: Legislative and Executive Branches 6. There is still a lot to Say…on Applications, Alternatives, Criticism. Addendum: Recommendations for a Small Reference Library