The economic approach to law relies on the use of economic models,
mostly mathematical, for understanding the nature and function of
law. The articles in this collection reflect state-of-the-art
modeling techniques and explore how to use these to both formulate
important questions and resolve particular legal issues. Following
an original introduction by the editors, the volume spans the many
sub-areas of law and economics (with papers in torts, contracts,
property, crime, and legal procedure) and includes a wide range of
papers, incorporating classics and some less well-known papers.
Economic Models of Law will be an invaluable resource for active
scholars as well as an inspiration for the next generation of
modelers.
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