The use of economics to study law was pioneered by the Austrian School of Economics. The nineteenth century founders of the school believed that economics could contribute to understanding the spontaneous development of common law as well as the nature of legal rights. For this insightful...

This landmark collection of essays provides an overview of the essential theories and methods used in the study of law and economics. The editors' careful selection includes substantial contributions from other disciplines that shed new light on the assumptions, theories and methods that may...

As long as insider trading has existed, people have been fixated on it. Newspapers give it front page coverage. Cult movies romanticize it. Politicians make or break careers by pillorying, enforcing, and sometimes engaging in it. But, oddly, no one seems to know what's really wrong with insider...