This book serves as a compact introduction to the economic analysis
of law and organization. At the same time it covers a broad
spectrum of issues. It is aimed at undergraduate economics students
who are interested in law and organization, law students who want
to know the economic basis for the law, and students in business
and public policy schools who want to understand the economic
approach to law and organization. The book covers such diverse
topics as bankruptcy rules, corporate law, sports rules, the
organization of Congress, federalism, intellectual property, crime,
accident law, and insurance. Unlike other texts on the economic
analysis of law, this text is not organized by legal categories but
by economic theory. The purpose of the book is to develop economic
intuition and theory to a sufficient degree so that one can apply
the ideas to a variety of areas in law and organization.
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