A Review of Steven Shavell's Foundations of Economic Analysis of Law
Steven Shavell's Foundations of Economic Analysis of Law (Harvard University Press, 2004) is a major theoretical contribution to "law and economics," the applied field of economics that studies the economic properties and consequences of legal doctrines and institutions. It is a field of immense practical importance, but unfamiliar to many economists--a situation that Shavell's book bids fair to rectify. This review essay situates Shavell's book in the history of economic scholarship about law and uses the book as a springboard for speculation about new directions in that scholarship.
Year of publication: |
2006
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Authors: | Posner, Richard A. |
Published in: |
Journal of Economic Literature. - American Economic Association - AEA. - Vol. 44.2006, 2, p. 405-414
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Publisher: |
American Economic Association - AEA |
Saved in:
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