O'Reilly logo

Solomon's Knot by Robert D. Cooter, Hans-Bernd Schäfer

Stay ahead with the world's most comprehensive technology and business learning platform.

With Safari, you learn the way you learn best. Get unlimited access to videos, live online training, learning paths, books, tutorials, and more.

Start Free Trial

No credit card required

Notes

Preface

1. Coase arguably inaugurated modern law and economics by providing the first demonstration that economic theory, as opposed to economic thought, was useful for analyzing property and contract law, not just for analyzing, say, antitrust or tax law. See R. Coase, “The Problem of Social Cost,” Journal of Law and Economics 3 (1960): 1–44. Law and economics subsequently emerged as a specialization with its own university courses in the 1980s in the top U.S. law schools. It now possesses good textbooks, monographs, and specialized journals.

2. The tradition of growth theory represented by Solow (1969) contains no institutions and says nothing about the causes of innovation. Consequently, it is not useful for law and development economics. ...

With Safari, you learn the way you learn best. Get unlimited access to videos, live online training, learning paths, books, interactive tutorials, and more.

Start Free Trial

No credit card required