Table of Contents:
  • Property law -- Definition, justification, and emergence of property rights -- Division of property rights -- Acquisition and transfer of property -- Conflict and cooperation in the use of property: the problem of externalities -- Public property -- Property rights in information -- Accident law -- Liability and deterrence: basic theory -- Liability and deterrence: firms -- Extensions of the analysis of deterrence -- Liability, risk-bearing, and insurance -- Liability and administrative costs -- Contract law -- Overview of contracts -- Contract formation -- Production contracts -- Other types of contract -- Litigation and the legal process -- Basic theory of litigation -- Extensions of the basic theory -- General topics on the legal process -- Public law enforcement and criminal law -- Deterrence with monetary sanctions -- Deterrence with nonmonetary sanctions -- Extensions of the theory of deterrence -- Incapacitation, rehabilitation, and retribution -- Criminal law -- General structure of the law -- The general structure of the law and its optimality -- Welfare economics, morality and the law -- Welfare economics and morality -- Implications for the analysis of law -- Income distributional equity and the law.