Law and Economics 2200-1CWPC41-ERA
Economic analysis of law (law and economics) is one of the more recent schools of legal thought. Originating from the US, it is today one of the fastest developing and most challenging areas of the study of law around the world. Economic analysis of law aims to describe legal institutions using tools proper for economics. Law is viewed as a system of incentives aiming (among others) to promote efficient solutions. Law and economics is an interdisciplinary field of study, often turning to other social sciences.
The purpose of the course is to provide an introduction into the basics of law and economics, as well as to provoke a discussion on legal topics with an interdisciplinary flavor, including the effects of regulation (not always foreseen by the regulator).
The course is conducted in blocs dealing with particular issues. After an overall presentation of the field, the first few classes will deal with the basics of economics, including a rehearsal of English language nomenclature (for non-native speakers). Next, the following topics will be covered: economic analysis of property law, contract law and tort liability.
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Bibliography
1. Cooter R., Ulen T., Law and Economics, IVth edition, Boston : Pearson/Addison-Wesley, 2004.
2. Posner R., A., Economic analysis of law, VIth edition, Aspen Publishers, New York 2003.
3. Schaefer H-B, Ott C., The economic analysis of civil law, Cheltenham, Edward Elgar 2005.
4. Shavell S., Foundations of economic analysis of law, Belknap Press of Harvard University Press, Cambridge, 2004.
5. Wittman, D., A., [ed.], Economicy analysis of the law: selected readings, Blackwell Publishing, Malden, 2003.
6. Web pages of the European Association of Law and Economics (www.eale.org) and Polish Association of Law and Economics (www.pseap.org).
Additional information
Additional information (registration calendar, class conductors, localization and schedules of classes), might be available in the USOSweb system: