| |
| |
| Preface | |
| |
| |
| |
| Introduction | |
| |
| |
| |
| Economic Fundamentals - Rationality and Efficiency | |
| |
| |
| |
| Rational Behavior, Preferences, and Prices | |
| |
| |
| |
| Pareto Optimality Versus Utilitarianism | |
| |
| |
| |
| Cost-Benefit Analysis | |
| |
| |
| |
| Transaction Costs and the Coasean Revolution | |
| |
| |
| |
| Transaction Costs | |
| |
| |
| |
| Fencing In and Fencing Out | |
| |
| |
| |
| Coase versus Pigou | |
| |
| |
| |
| Cost-Benefit Analysis and the Law - Developing Economic Intuition | |
| |
| |
| |
| How to Think Like an Economist: Drunk Drivers, Hawks, and Baseballs | |
| |
| |
| |
| Smoking Regulations: Market Solutions to High-Transaction-Cost Situations | |
| |
| |
| |
| Rules of Thumb: Sports and Driving Rules | |
| |
| |
| |
| Rights | |
| |
| |
| |
| The Protection of Entitlements: Why One Method Is Chosen Over Another | |
| |
| |
| |
| Property Rights or Communal Rights in Knowledge? | |
| |
| |
| |
| Liability for Harm or Restitution for Benefit? | |
| |
| |
| |
| The Takings Clause: Should There Be Compensation for Regulation? | |
| |
| |
| |
| Torts and Crimes: Liability Rules and Punishments | |
| |
| |
| |
| Cost Minimization and Liability Rules | |
| |
| |
| |
| Negligence Rules | |
| |
| |
| |
| Crime and Criminal Law | |
| |
| |
| |
| The Role of Sequence | |
| |
| |
| |
| Mitigation of Damages and Last Clear Chance | |
| |
| |
| |
| The Good Samaritan Rule | |
| |
| |
| |
| The Role of Being First in Allocating Rights: Coming to the Nuisance | |
| |
| |
| |
| Contracts and Breach of Contract | |
| |
| |
| |
| Default Rules and Breach of Contract | |
| |
| |
| |
| When Is a Handshake a Contract and When Is a "Contract" Not a Contract? | |
| |
| |
| |
| Marriage as Contract: Family Law | |
| |
| |
| |
| Harms Arising Between Contracting Parties | |
| |
| |
| |
| Exploding Coca-Cola Bottles | |
| |
| |
| |
| The Role of Asymmetric Information | |
| |
| |
| |
| Consumers and Producers Cause Damage: Lawnmowers | |
| |
| |
| |
| Insurance and the Law | |
| |
| |
| |
| The Market for Insurance | |
| |
| |
| |
| Royalties for Artists and Insurance for Investors | |
| |
| |
| |
| Automobile Insurance | |
| |
| |
| |
| Bankruptcy | |
| |
| |
| |
| Deposit Insurance and Banking Crises | |
| |
| |
| |
| Governance and Organization | |
| |
| |
| |
| The Governance of Organization | |
| |
| |
| |
| Corporate Law and Agency Problems | |
| |
| |
| |
| Insider Trading | |
| |
| |
| |
| Organizational Response to Opportunism: McDonald's, the Mafia, and Mutual of Omaha | |
| |
| |
| |
| The Organization of Legislatures | |
| |
| |
| |
| Federalism | |
| |
| |
| |
| The Internal Organization of the Family | |
| |
| |
| |
| Bargaining in the Shadow of a Trial | |
| |
| |
| |
| Settlement or Trial? | |
| |
| |
| Index of Authors | |
| |
| |
| Index | |
| |
| |
| Case Index | |