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Law & Economics (LAW-632-002)
Overview of basic microeconomics, including assessment of efficiency and equity logic; Coase Theorem; evaluation of incentive models, risk allocation, and aversion. Applications of economic analysis to diverse legal fields.
Textbooks and Other Materials
The textbook information on this page was provided by the instructor. Students should use this information when considering purchases from the AU Campus Store or other vendors. Students may check here to determine if books are currently available for purchase at the AU Campus Store.
Reading assignments will mainly be taken from three books:
Ward Farnsworth, The Legal Analyst (2007);
David D. Friedman, Law’s Order (2001);
A. Mitchell Polinsky, An Introduction to Law and Economics (2010).
All three of these books are in paperback. The Friedman book appears to be available online with no charge at http://www.daviddfriedman.com/laws_order/index.shtml, so it may not be necessary to purchase this book. The online version looks identical to the paperback version I own, but I cannot guarantee that.
First Class Readings
The first class readings will be posted on myWCL when the course site becomes available.
The syllabus is available in the following format(s):