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The Economics of Private Law

Hardback

The Economics of Private Law

The Collected Economic Essays of Richard A. Posner, Volume Two

9781858986425 Edward Elgar Publishing
Richard A. Posner, Judge, United States Court of Appeals for the Seventh Circuit and Senior Lecturer, University of Chicago Law School, US Edited by Francesco Parisi, Oppenheimer Wolff and Donnelly Professor of Law, University of Minnesota Law School, US and Professor of Economics, University of Bologna, Italy
Publication Date: July 2001 ISBN: 978 1 85898 642 5 Extent: 560 pp
The pioneering work of Judge Richard Posner has brought to light the broad relevance of economics to virtually all areas of law. During the last three decades, Judge Posner has provided seminal contributions to the development of an overarching economic theory of law, with applications including traditional legal subjects, such as torts and contracts, as well as non-standard topics, such as his study of primitive law and ancient customs. This selection of Posner’s essays reveals the importance of economic efficiency as a driving force in the formation of private law. The rigorous and insightful introduction by Francesco Parisi discusses Posner’s unparalleled influence on the evolution of law and economics and the understanding of the economic foundations of private law.

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The pioneering work of Judge Richard Posner has brought to light the broad relevance of economics to virtually all areas of law. During the last three decades, Judge Posner has provided seminal contributions to the development of an overarching economic theory of law, with applications including traditional legal subjects, such as torts and contracts, as well as non-standard topics, such as his study of primitive law and ancient customs. This selection of Posner’s essays reveals the importance of economic efficiency as a driving force in the formation of private law. The rigorous and insightful introduction by Francisco Parisi discusses Posner’s unparalleled influence on the evolution of law and economics and the understanding of the economic foundations of private law.

In particular he discusses:

• anthropology and the emergence of law
• tort law
• contract law
• family law
• the economics of privacy.

The Economics of Private Law will be essential reading for economists, lawyers and judges alike.
Critical Acclaim
‘This is a well edited collection of important papers which will find a home in university libraries throughout the world. The volume stands testimony to the significance of Richard Posner as the leading thinker of the L and E School.’
– K. Lawler, Economic Issues
Contents
Contents: Introduction Part I: Anthropology and the Emergence of Law Part II: Tort Law Part III: Contract Law Part IV: Family Law Part V: The Economics of Privacy Index
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