The Economic Approach to Law, Third Edition

"Thomas Miceli's book offers a thorough presentation that is both clear and challenging. It provides students with more than an introduction, indeed a broad and deep understanding of the application of economics to law." -- Fred Foldvary * San Jose State University *
"Miceli's Economic Approach to Law, now in its third edition, provides a systematic and well-organized presentation of the economic approach to law. Written by a leading economist in the field, this book is rich of content—yet accessible—as an entry-level textbook in law and economics." -- Francesco Parisi * University of Minnesota *
"Now in its third edition, Miceli's carefully written text is rich with many well-selected examples. It covers the basic areas of law––torts (accidents), contracts, crime, property, and litigation—as well as the subject of antitrust, and furnishes a valuable guide to students for further reading. I know of no better book for its intended audience." -- Steven Shavell * Harvard Law School *
"We live in a complex and global world. Law is everywhere. Legal institutions rule our daily lives. This book challenges students and instructors, economists and lawyers, scholars and policymakers to think about the law in new ways. The author does a wonderful job in explaining important concepts in law and economics to anyone who wants to understand the relationship between rational behavior, economic reasoning, and the law." -- Nuno Garoupa * Texas A&M University *