The relationship between law and economics is complex and wide-reaching. This new textbook explains law-and-economics theory in an accessible and straightforward manner. Drawing on the neoclassical tradition of economic analysis of law as well as the behavioural movement from cognitive psychology, Fundamental Principles of Law and Economics provides a comprehensive summary of the relationship between law and economics and legal theory by contextualising legal issues relevant to the UK and the US. In addition to his own analysis of the topic, Devlin provides references at the end of every chapter to the most important books and articles in the field, in order to further individual study.
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