Overview

A great deal of economics is about law - the functioning of markets, property rights and their enforcement, financial obligations, and so forth - yet these legal aspects are almost never addressed in the academic study of economics. Conversely, the study and practice of law entails a significant understanding of economics, yet the drafting and administration of laws often ignore economic principle. The New Palgrave Dictionary of Economics and the Law is uniquely placed by the quality, breadth and depth of its coverage to address this need for building bridges. Drawn from the ranks of academics, professional lawyers, and economists in eight countries, the 340 contributors include world experts in their fields. Among them are Nobel laureates in economics and eminent legal scholars. First published in 1998 and now available in paperback for the first time, The New Palgrave Dictionary of Economics and the Law has established itself as a classic reference work in this important field.

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9781561592159

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Reviews

'For years to come, [it] is deemed to offer the most authoritative, and yet practical, way of gaining a 360-degree panorama of the various applications of economics to the law.' - International Review of Law and Economics '...a useful source of reference for practising lawyers...' - The Commonwealth Lawyer 'The New Palgrave name has become associated with high standards in economics reference works such as Eatwell (1987) and Newman (1992). This title maintains the tradition...Law and economics has something to say on just about every area of the law. This dictionary is...an excellent introduction to these many diverse theories and views.' - Christine D. Reid, Reference Reviews

Author Information

PETER NEWMAN was formerly Professor Emeritus of Economics at the Johns Hopkins University.

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