Regulation by Litigation

"A valuable, spirited book about how bureaucrats use litigation to avoid the constraints they face when they regulate the old-fashioned way, by formulating rules, that enriches our understanding of bureaucracy."—Jonathan Macey, Yale University -- Jonathan Macey
"This book invites lawyers to apply economics to the law and urges economists to analyze litigation's impact on the economy. The authors reveal the pernicious results of substituting litigation for sound public policy, providing a first step toward correcting a regulatory process gone awry."—Terry L. Anderson, Executive Director, The Property and Environment Research Center -- Terry L. A
"The authors’ winning combination of clear theory and illustrative case studies makes this book a necessary read for anyone who wishes to grapple with the negative synergies of two systems of social control, which can easily swamp any gains that either system alone could provide.”—Richard A. Epstein, James Parker Hall Distinguished Service Professor of Law, University of Chicago -- Richard A. Epstein