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Principles of Law and Economics, by Daniel H Cole, Peter Z Grossman
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Describing and explaining the interrelations of law and economics, this useful reference guide is authored by an economist and a law professor; mathematics is kept to a minimum and the analysis language is clear and jargon-free. Sufficient explanations of concepts, principles, and arguments enable all readers to follow along without great difficulty—allowing them to possess a basic understanding of fundamental economic principles, the structure of the U.S. legal system, and the importance of combining legal and economic analyses. Common-law topics, such as property, contracts, torts, and crime are comprehensively covered. Those involved in law and economics will find this a useful reference for basic concepts and analyses.
- Sales Rank: #2966049 in Books
- Published on: 2004-09-11
- Original language: English
- Number of items: 1
- Dimensions: 9.10" h x .80" w x 7.70" l,
- Binding: Hardcover
- 384 pages
Most helpful customer reviews
1 of 4 people found the following review helpful.
Good for the average law and economics student
By N. Shore
I used this text in an undergraduate law and economics course. I gave this book three stars because I generally disagreed with the Coasean view, which dominates this text. It seemed to me that Coase's idea of property rights was fundamentally flawed, as the rights to property were not based on a solid foundation.
I did give the text some stars because it provides a good introduction for the general student to the broad area of law and economics. I appreciated the many court cases that this text contains; it is no doubt its most useful component. Despite its flaws, it provides a broad range of thought in law and economics, and, when used by the right professor, it can be a good teaching tool.
So, although the reasoning upon which most of this text is based (Ronald Coase) is incorrect, it does deserve some credit.
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