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Law and Economics Seminar
Class Term:
Spring Term 2017-2018
Catalog Number:
5854
Class Number:
26349
Class Schedule:
Monday
10:30 am
12:20 pm
Room:
LAW G46
Professor
Seminar
Credits:
3 (3 Contact, 0 Field)
Graduation Requirements:
Upper-Level Writing
"W" Writing
Priority:
Seminar - 3rd Year Priority
Full Year Course:
No
Category:
Standard Courses
Grading Details
The final grade is based on a seminar paper.
Description
This seminar introduces principles of positive and normative microeconomics to explore the extent to which they can explain the workings of the legal system and to examine the effect of legal rules on behavior. Covered topics include the Coase Theorem; the choice between property, liability, and inalienability rules; comparative liability rules (e.g., negligence versus strict liability); contractual damages; criminal liability; family law; game theory; and legal decision theory (e.g., risk, uncertainty).