Introduction to Law and Economics

Completely updated and revised for its Third Edition, An Introduction to Law and Economics focuses on a set of core topics including property, contracts, torts, and criminal law. The text imparts a good basic knowledge of economic principles and issues pertaining to the law. Avoiding specialized jargon and math, Polinsky shows students how to think like an economist and understand legal issues from an economic perspective. This Edition features - extensive new material in all sections including discussions reflecting the latest legal and economic developments - clear explanations in accessible terms - a goal-focused approach that shows students how to assess legal rules and policies in terms of their efficiency in attaining broader economic and social goals