Principles of Law and Economics

Describing and explaining the interrelations of law and economics, this useful reference guide is authored by an economist and a law professor; mathematics is kept to a minimum and the analysis language is clear and jargon-free. Sufficient explanations of concepts, principles, and arguments enable all readers to follow along without great difficultyallowing them to possess a basic understanding of fundamental economic principles, the structure of the U.S. legal system, and the importance of combining legal and economic analyses. Common-law topics, such as property, contracts, torts, and crime are comprehensively covered. Those involved in law and economics will find this a useful reference for basic concepts and analyses.