What people are saying - Write a reviewReview: Economic Analysis of LawUser Review - Craig J. - GoodreadsEconomic Analysis of Law by Richard A. Posner (2007) Read full review Review: Economic Analysis of LawUser Review - Sandeep - GoodreadsPosner's the master of generating plausible theories on how the world works. The assumptions of human rationality and foresight border on the absurd at times, though. Read full review Related books
Contents
55 other sections not shown Other editions - View all
Common terms and phrasesaccident agency antitrust benefits breach buyer capital cartel Chapter Coase Theorem common law compensation competition consumers contract corporation costly court creditors crime criminal damages defendant demand deter discrimination discussed earnings economic analysis economist effect efficient employer enforcement evidence example expected federal firm firm's game theory greater higher incentive income increase infra injurer interest investment judges judicial labor land Law & Econ lawyers less limited litigation loss marginal cost maximize monopolist monopoly monopoly profits negligence nomic opportunity cost optimal output owner parties percent plaintiff pollution Posner predatory pricing prevent price discrimination probability problem profits property rights protection punishment railroad rational reduce regulation rent-seeking require result revenue risk risk averse rule sell seller shareholders social costs strict liability substitute Suppose supra theory tort transaction costs trial utility victim wage wealth widgets workers Bibliographic information |