Since 1979 "Research in Law and Economics" has been presenting
original research that explores the extent to which the constraints
of law explain economic behavior and the role of economics in
forming the law. Leading scholars, including Kenneth Arrow, Kenneth
Elzinga, Victor Goldberg, Jack Hirschliefer, Paul Joskow, and
Vernon Smith, have chosen "Research in Law and Economics" as the
right forum for presenting their research. Now published
bi-annually, each issue of "Research in Law and Economics" focuses
on a timely and relevant topic. Such topics have included economics
of environmental policy, urban property rights, antitrust and
evolutionary models in economics and law. This volume focuses on
cost-benefit analysis and the law, whereas the next special issue
will concentrate on corporate finance
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