The economic structure of the law
Judge Richard A. Posner is internationally regarded as a leading exponent and a founding father of the law and economics movement. This volume draws together a selection of his most important papers on the methodology and the theory of law and economics to create a valuable collection for scholars and practitioners in the field. It includes a coherent and informative introduction by Professor Francesco Parisi containing salient insights into Judge Posner's work. Themes explored in this volume include: € the economics of common law € the criterion of wealth maximization € an economic approach to judicial rulemaking € the application of finance theory to law € the methodology of law and economics. The Economic Structure of the Law draws together Judge Posner's seminal contributions on the methodological foundations of law and economics and will be a valuable reference source for economists, lawyers and judges alike.