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Introduction | |
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The Efficiency Hypothesis | |
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General Equilibrium Theory | |
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Corrective Taxation | |
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Property Rights, Transactions Costs, and Bargains | |
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The Coase Theorem | |
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Economic Theory and Method | |
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Cost-Benefit Analysis | |
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Property Rights | |
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Case: Thar's She Blows! (Ghen v. Rich) | |
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Case: Pilate Project (Poletown Neighborhood Council v. City of Detroit) | |
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Case: No Redress for Headdress (Andrus v. Allard) | |
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Case: Kohler's Last Strand (Pennsylvania Coal v. Mahon) | |
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Zoning and Regulation | |
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The Common Property Externality | |
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Congestion Tolls | |
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Regulatory Dilemmas | |
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Case: Harmless Regulation (Village of Euclid v. Ambler Realty) | |
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Case: California Schemin' (Agins v. City of Tiburon) | |
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Case: Of Mice and Missiles (Lucas v. South Carolina Coastal Council) | |
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Case: Pillars of Society (Keystone Association v. DeBenedictis) | |
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Nuisance Externalities | |
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Nuisance in Theory: An Economic Definition | |
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Nuisance Activities in Reality | |
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Case: Twilight Zone (Hadacheck v. Sebastian) | |
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Case: Confluence of Doctrines (Spur Industries v. Del Webb Development Co.) | |
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Case: Cedar Rust (Miller et al. v. Schoene) | |
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Case: Damage Control (Boomer et al. v. Atlantic Cement) | |
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Public Goods | |
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Rivalry, Nonrivalry, and Rationing | |
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Exclusion and Financial Incentives | |
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Free Riding and the (non) Revelation of Preferences | |
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Case: Ahupua'a (Kaiser Aetna v. United States) | |
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Case: Coelum et Inferos (United States v. Causby) | |
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Case: The Nollan-Dolan Nexus Blues (Dolan v. City of Tigard) | |
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Case: Lead Us Not into Penn Station (Penn Central v. New York City) | |
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Intellectual Property | |
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Case: Spice of Life (Cheney Brothers v. Doris Silk Corp.) | |
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Case: Dancing around the Law (Midler v. Ford Motor Co.) | |
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Case: Cell to the Highest Bidder (Moore v. The Regents of the University of California) | |
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Case: Piracy of the High C's (A&M Records v. Napster) | |
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Contract Formation | |
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Incentive Structures | |
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Subjective Considerations | |
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Basic Problems of Formation | |
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Case: Broehm Hilda (Fiege v. Boehm) | |
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Case: Poltergeist IV (Stambovsky v. Ackley) | |
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Case: Politics as Usual (Cohen v. Cowles Media Corp.) | |
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Case: Life in the Shoe (Williams v. Walker-Thomas Furniture) | |
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Performance and Excuse | |
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Ex Post Incentives | |
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Ex Ante Incentives and Risk Allocation | |
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Legal Doctrines and Remedies | |
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Case: Modern Day Siddhartha (CAN International v. Phoenix) | |
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Case: Recipe for Efficiency (Walgreen v. Sara Creek Property) | |
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Case: 3,000-Mile Detour (Transatlantic Financing Corp. v. United States) | |
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Case: West Texas Sour Grapes (Eastern Air Lines v. Gulf Oil) | |
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Case: Animal Farm (Hopper v. All-Pet Animal Clinic) | |
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Damages for Breach of Contract | |
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The Problem of Excessive Reliance | |
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Case: Free Raisins (Allied Canners & Packers v. Victor Packing Co.) | |
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Case: Noxious Weed, Noxious Deed (Tongish v. Thomas and Decatur Coop Assn.) | |
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Case: Terms of Estrangement (Parker v. Twentieth Century Fox) | |
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Case: A Fine Time to Strip Mine, Lucille (Peevyhouse v. Garland Coal & Mining) | |
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Liability Rules | |
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Case: The Hand Formula (United States v. Carroll Towing) | |
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Case: Customary Practice (Trimarco v. Klein et al.) | |
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Case: Yukon Equipment v. Fireman's Fund | |
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Case: Synthetic Liability (Hymowitz et al. v. Eli Lilly et al.) | |
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Liability: Rights and Duties | |
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Case: Milwaukee Road (Leroy Fibre v. Chicago, Milwaukee & St. Paul Railway) | |
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Case: A Few Birds (Union Oil v. Oppen) | |
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Case: Shrinking from Duty (Tarasoff v. Regents of University of California) | |
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Case: Tainted Contract (General Foods v. Valley Lea Dairies) | |
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The Silly Economics of Product Liability Law | |
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A Paradigm: Stella Liebeck v. McDonald's Corporation | |
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Economic Margins: Does Liability Matter? | |
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Is Caveat Vendor a Move in the Right Direction? | |
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Case: Privity of Contract (MacPherson v. Buick Motor Company) | |
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Case: Loquacious Facts (Escola v. Coca-Cola Bottling Company) | |
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Case: Burning Scents of Duty (Moran v. Faberge) | |
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Case: You've Come a Long Way, Baby! (R. J. Reynolds v. Engel) | |
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Endnotes | |
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Index | |