Law 836 Law and Economics
This course will apply neoclassic economics concepts to the law. The literature in the course is both positive (explaining rules in terms of economics concepts) and normative (arguing that legal rules should promote economic efficiency). The following subject areas will likely be covered: property, contracts, family law, tort law, criminal law, employment law, public utility law, corporate law, securities regulation, and taxation.
PREREQUISITE: Business Associations (Law 851).