Law and Economics: Private and Public

Maxwell L. Stearns, University of Maryland School of Law

Todd J. Zywicki, George Mason University School of Law

Thomas J. Miceli, Connecticut

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Table of Contents

Sample Chapter

Teacher's Manual

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“Stearns, Zywicki, and Miceli have written a fantastic book that has the potential to remake the field of law and economics. For the first time, one volume embraces the whole range of law and economics methodologies, including not only neoclassical economic analysis, but also game theory, public choice, and social choice, along with insights drawn from Austrian and behavioral economics, while also providing rich contemporary applications in both private and public law. With luck this book will reach students who are not immediately attracted to Chicago School microeconomics.”
– Michael E. DeBow, Steven Everett Wells Professor of Municipal Law, Cumberland School of Law

“This great volume, written by three extremely accomplished scholars in the field, covers an amazing amount of material. The coverage is comprehensive, accurate, and of high quality. One fascinating advantage of this book is that it takes the student from theory to case law – that is, from theory to application based on real cases. This book is extremely well suited to students taking a law school elective in Law and Economics, as well as to students in a related undergraduate program or in business school.”
– Keith N. Hylton, William Fairfield Warren Distinguished Professor, Boston University School of Law

“Stearns, Zywicki, and Miceli provide an incredibly broad-ranging and easily accessible journey through the economic concepts (broadly defined) that provide insight into virtually all legal subjects. This book serves as a primary text for multiple courses and as a supplemental text to several others. Within these covers is a veritable treasure trove of useful insights to legal policy questions, from eminent domain to gun control, comparative negligence, bank bailouts, offender registries, class action rules, line-item vetoes, choice of law, and literally hundreds more. You will wish to spend years inside!”
– Erin O’Hara O’Connor, Dean and McKenzie Professor of Law, Florida State University College of Law