Economic Analysis of Law

Over the last thirty years the law-and-economics movement has revolutionized the way we think about the law, and this program gives participants a solid understanding of the economic analysis of law, taught by some of the best instructors on the subject. The readings deal with a variety of legal issues, and assume no prior knowledge of economics.

  • Analyzing Human Choice, Charles J. Goetz, University of Virginia Law School
  • Rivalrous and Risky Decisions, Charles J. Goetz
  • The Economic Structure of Tort Law, William M. Landes, University of Chicago Law School
  • Liability Rules I , William M. Landes
  • Liability Rules II , George L. Priest, Yale Law School
  • Litigation Theory, George L. Priest
  • Fairness vs. Efficiency, Charles Goetz

Charles Goetz is the author of a leading law-and-economics casebook and of many of the most influential studies on the economic analysis of law. William Landes is one of the most prolific scholars in law-and-economics. George Priest is one of the foremost scholars in law-and-economics and a past President of the American Law and Economics Association.