legal theory: law and economics

Economic Analysis of Law

A Guide to the Site


The following three essays, in combination, are designed to provide you an overview of the shape and status of economic analysis in contemporary American law teaching and scholarship:

The foregoing essays are peppered with brief illustrations of economic analysis. However, to get a good feel for both the powers and the dangers of "law and economics," you need to see the methodology in action. The following five "applications" show how economic methods have been or could be used to illuminate specific doctrinal problems. Most of these case studies contain exercises, intended to test and deepen your knowledge.