This comprehensive textbook provides a thorough guide to the
economic analysis of law, with a particular focus on civil law
systems. It encapsulates a structured analysis and nuanced
evaluation of norms and legal policies, using the tools of economic
theory. Key features include: Examples and cases that illustrate
central concepts of the economic analysis of law in relation to
civil law doctrines Examination of the core areas of civil law:
tort law, contract law, property law, intellectual property law as
well as basic problems of insolvency law and corporate law In-depth
analysis of the legal rules of statutory law and judge-made law,
demonstrating the extent to which these rules are either based on
economic criteria or run parallel to them - and the extent to which
such criteria facilitate the application and further development of
law. This substantially revised second edition presents the latest
insights into legal economic research, including important
empirical and behavioural deliberations. It will be a valuable
guide for advanced undergraduate and postgraduate students of law
and economics.
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