Law and Markets

1. Front Matter

   Pages i-xxii

   PDF

2. Introduction

   • Alex Robson

   Pages 1-25

3. Courts, Legal Rules, and Markets

   • Alex Robson

   Pages 26-48

4. The Coase Theorem

   • Alex Robson

   Pages 49-88

5. Accident Law and Markets, Part I: The Unilateral Care Model

   • Alex Robson

   Pages 89-135

6. Accident Law and Markets, Part II: The Bilateral Care Model

   • Alex Robson

   Pages 136-160

7. Markets for Potentially Harmful Goods — The Economics of Product Liability Rules

   • Alex Robson

   Pages 161-189

8. The Economics of Property Rights

   • Alex Robson

   Pages 190-223

9. Contract Law and Markets

   • Alex Robson

   Pages 224-245

10. Crime, Punishment and Deterrence — Markets for Illegal Activities and the Economics of Public Law Enforcement

    • Alex Robson

    Pages 246-282

11. Topics in Corporate Law and Competition Law

    • Alex Robson

    Pages 283-320

12. Litigation, Settlement and the Market for Lawyers

    • Alex Robson

    Pages 321-358

13. Back Matter

    Pages 359-378

    PDF

Law and Markets examines the interaction between legal rules, market forces and prices. It emphasises the economic effects of legal rules on individual incentives in both market and non-market settings, and draws on cases and materials from a wide variety of legal jurisdictions to illustrate economic principles.

• Coase theorem
• competition
• economics
• law

“The text is a welcome addition to the law and economics field, bringing economic rigour to the analysis of a range of topics in the field. What differentiates this text is the clear focus on the market and market structure. While useful for instructors, for the intended audience it is likely to be but one resource in an undergraduate or postgraduate law and economics class.” (Stephen Whelan, Economic Record, Vol. 92 (296), March, 2016)

• SMART Infrastructure Facility, University of Wollongong, Australia

  Alex Robson

ALEX ROBSON Senior Research Fellow at the SMART Infrastructure Facility at the University of Wollongong, Australia. He has previously held appointments at the Australian National University in Canberra, Australia, where he taught courses in law and economics, game theory and social choice, and microeconomics.

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