ABSTRACT
Law and economics provides the theoretical foundations for a systematic analysis of socio-legal circumstances, with the objective of allowing lawmakers to fine-tune legal rules so that they may fit the societal model in which they must function. An inquiry into economic analysis of law leads to the realization of two pertinent questions: first, what the effect of legal rules on the relevant sectors and individuals is; and second, whether the effects of such legal rules are socially desirable. This book is an endeavour towards the analysis of the effects of such legal rules on select contemporary issues which are not adequately addressed in the Indian academic debate. In order to undertake a systematic analysis, this book has been divided into six parts on the basis of the type of economic parameter used in the analysis and the kind of the law being analysed; the parts are property rights, contract theory and efficiency, economics of corporate law, game theory and law, regulatory economics and markets and economic analysis of media laws.
