This text is an annotated reader surveying essential articles in the field of law and economics. The selections focus on economics' distinctive contributions as a way of thinking, discussing problems of incentives, strategic behaviour, risk and insurance, imperfect information and bounded rationality. The reader also presents and discusses a variety of critiques of the economic approach from competing jurisprudential perspectives. This book is intended for law school courses on economic analysis of law.
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About the Editor Avery Wiener Katz is an economist and a lawyer. He is currently Professor of Law at Georgetown University Law Center, where he teaches law and economics, contracts, and commercial law. He has written on a variety of topics in both contract law and the economics of litigation, and has also written on commercial guaranties and the methodology of law and economics.
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