According to the standard position of the economic mainstream, the efficient production of so-called public goods, including law and defense, requires the use o

This textbook demonstrates how economic tools can be used to examine the question of how and why legal norms can effectively guide human action, situating the s

This book considers three relationships: law and economics; economics and game theory; and game theory and law. Economists teach lawyers that economic principle

Posner uses economic analysis to probe justice and efficiency, primitive law, privacy, and the constitutional regulation of racial discrimination.

This collection of essays explores the most relevant developments at the interface of economics and psychology, giving special attention to models of irrational