Summary
Steven Shavell: Foundations of Economic Analysis of Law
THE KEY BOOK IN THE FIELD OF ECONOMIC ANALYSIS OF LAW!
For the past 30 years, Steven Shavell has been one of the most prolific and influential authors in the field of economic analysis of law. In this book, the author provides a detailed analysis and synthesis of the economic approach to the elements from which the legal system is built, specifically property law, tort, contract and criminal law, as well as civil litigation. Also, the author investigates the legal process of welfare economics and the question of morality.
Most sections of the book are organized around behavioral models and the legal system, and the analysis is not technical (all mathematics is contained in the notes). Legal readers without any formal background in economics should find the book easy to understand. At the same time, the content of the book should be naturally intellectually attractive to economists, and they should not have any difficulties due to the lack of legal basis, because the law discussed is generally well-known, or almost so. Shleifer, Department of Economics, Harvard University
"Shavell's book presents a masterful, non-technical synthesis of classic topics in legal science and economics. It is easy to understand, clear, and an easy read. This book will be an excellent resource both for beginners who want to learn something about this important field and for experts who want to stay up to date with the latest scientific knowledge."
O. Hart, Department of Economics, Harvard University.
Biblos Newsletter
New titles, special copies and quiet recommendations from the antiquarian bookshop.