ABSTRACT

This textbook places the relationship between law and economics in its international context, explaining the fundamentals of this increasingly important area of teaching and research in an accessible and straightforward manner. In presenting the subject, Alan Devlin draws on the neoclassical tradition of economic analysis of law while also showcasing cutting- edge developments, such as the rise of behavioural economic theories of law.

Key features of this innovative book include:

  • case law, directives, regulations, and statistics from EU, UK, and US jurisdictions are presented clearly and contextualised for law students, showing how law and economics theory can be understood in practice;
  • succinct end- of-chapter summaries highlight the essential points in each chapter to focus student learning;
  • further reading is provided at the end of each chapter to guide independent research.

Making use of tables and diagrams throughout to facilitate understanding, this text provides a comprehensive overview of law-and-economics that is ideal for those new to the subject and for use as a course text for law-and-economics modules.

chapter |8 pages

Introduction

part |2 pages

PART 1 ECONOMIC THEORY, LAW, AND MORALITY

part |2 pages

PART 2 THE LAW OF TORT

chapter 2|15 pages

An Economic Account of Tort Doctrine

part |2 pages

PART 3 CRIMINAL LAW

chapter 1|7 pages

An Economic Account of Criminal Behaviour

chapter 2|15 pages

Optimal Criminal Sanctions

chapter 3|18 pages

Problems in Criminal Law

part |2 pages

PART 4 PROPERTY

chapter 1|13 pages

The Economic Role of Property Rights

chapter 2|13 pages

Protecting Entitlements

part |2 pages

PART 5 THE LAW OF CONTRACT

chapter 1|22 pages

An Economic Theory of Contract Law

chapter 2|10 pages

The Economics of Contractual Remedies

part |2 pages

PART 6 LITIGATION

chapter 1|24 pages

An Economic Theory of Litigation

part |2 pages

PART 7 INNOVATION POLICY

chapter 1|16 pages

Innovation Policy

chapter 2|32 pages

The Patent System

chapter 3|18 pages

Copyright Law

part |2 pages

PART 8 COMPETITION LAW AND NATURAL MONOPOLY REGULATION

chapter 2|14 pages

Antitrust Limits on Contract

chapter 3|22 pages

Monopolisation

chapter 4|23 pages

The Regulation of Natural Monopoly

part |2 pages

PART 9 BEHAVIOURAL LAW AND ECONOMICS

chapter 1|18 pages

Behavioural Law and Economics