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Research Handbook on Austrian Law and Economics

Edited by Todd J. Zywicki, George Mason University Foundation Professor of Law, Antonin Scalia Law School, George Mason University and Peter J. Boettke, University Professor of Economics and Philosophy, Department of Economics, George Mason University, US
The original contributions to the Research Handbook provide an introduction to the application of Austrian economics to law. The book begins with chapters on the methodology of law and economics. Further chapters discuss key concepts in Austrian economics – dynamic competitive processes, spontaneous order, subjective value, entrepreneurship, and the limited nature of individual knowledge – as they relate to topics in evolutionary law (social rules, self-governance, dispute resolution) and basic law (torts, antitrust, civil procedure, business and family law).
Extent: c 456 pp
Hardback Price: $225.00 Web: $202.50
Publication Date: December 2017
ISBN: 978 1 84980 113 3
Availability: Not yet published (pre-order)
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  • Economics and Finance
  • Austrian Economics
  • Law and Economics
  • Law - Academic
  • Law and Economics
The original contributions in this Research Handbook provide an introduction to the application of Austrian economics to law. The book begins with chapters on the methodology of law and economics before moving on to chapters which discuss key concepts in Austrian economics such as: dynamic competitive processes, spontaneous order, subjective value, entrepreneurship, and the limited nature of individual knowledge – as they relate to topics in evolutionary law and basic law.

This book presents contributions from both economists and legal scholars on topics ranging from methodology of analysis and the evolution of contemporary legal practice, to the teachings of basic law. Taken as a whole, this Research Handbook provides a strong overview of contemporary research in the Austrian school of law and economics. It is an approach that reflects both the examination of how alternative legal arrangements impact economic performance, and how to use the tools of basic economic reasoning to study the operation of legal rules.

Scholars working in the fields of law, jurisprudence, economics, and public policy will find this an important resource on the cutting edge of Austrian political economy in application to law and economics.
Contributors include: B.L. Benson, P.J. Boettke, D.J. Boudreaux, H.N. Butler, E.R. Claeys, C.J. Coyne, M. DeBow, M.T. Henderson, S. Horwitz, P.G. Klein, M. Krause, T.A. Lambert, P.T. Leeson, J. Parker, G.J. Postema, S. Rajagopalan, D. Skarbek, E.P. Stringham, R.E. Wagner, T.J. Zywicki

Contents:

Part I Introduction:
1. Introductory Chapter
Peter Boettke and Todd Zywicki

Part II Methodology of Law and Economics
2. Coase Theorem
Martín Krause

3.Posner versus Coase
Peter Leeson

Part III Evolutionary Law
4. Social Rules
Gerald Postema

5. Rule Reform
Christopher Coyne

6. Innovation
Henry Butler and Larry E. Ribstein

7. Customary Law in Middle Ages
Bruce Benson

8. Self-Governance
David Skarbek

9. Common Law
Edward Peter Stringham and Todd Zywicki

10. Dispute Resolution in Mixed Economy
Richard Wagner

Part IV Basic Law
11. Torts
Eric Claeys

12. Torts
Michael DeBow

13. Antitrust
Donald Boudreaux

14. Civil Procedure
Jeffrey Parker

15. Business Law
Peter Klein and Thomas A. Lambert

16. Business Law, Boards of Directors
M. Todd Henderson

17. Bankruptcy
Todd Zywicki and Shruti Rajagopalan

18. Family Law
Steven Horwitz

Part V Conclusion:
19. The Progressive Research Program of “Austrian” Law and Economics
Peter Boettke and Todd Zywicki

Index