Introduction -- Efficiency and equity -- The coase theorem -- First application : nuisance law -- Second application … of contract again -- Fifth application : automobile accidents again -- Sixth application : law enforcement using fines … -- Seventh application : law enforcement using imprisonment -- Competitive markets -- Eighth application : pollution control …

Law can be viewed as a body of rules and legal sanctions that channel behavior in socially desirable directions - for …. Moreover, given the importance of law to the welfare of societies, the economic analysis of law merits prominent treatment as a …

Law can be viewed as a body of rules and legal sanctions that channel behavior in socially desirable directions - for …. Moreover, given the importance of law to the welfare of societies, the economic analysis of law merits prominent treatment as a …