"Law-and-economics," an influential perspective among some in law (and possibly a few in economics), seeks to apply the basic assumption of economics ? that people are "rational maximizers" (i.e., will try to get the most out of what they have) ? to law. Rational Choice Theory provides the...

Law-and-economics, an influential perspective among some in law (and possibly a few in economics), seeks to apply the basic assumption of economics? that people are rational maximizers (i.e., will try to get the most out of what they have)? to law. Rational Choice Theory provides the conceptual...