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law and economics wikipedia - law and economics or economic analysis of law is the application of economic theory specifically microeconomic theory to the analysis of law that began mostly with scholars from the chicago school of economics economic concepts are used to explain the effects of laws to assess which legal rules are economically efficient and to predict which legal rules will be promulgated, law and economics internet encyclopedia of philosophy - law and economics the law and economics movement applies economic theory and method to the practice of law it asserts that the tools of economic reasoning offer the best possibility for justified and consistent legal practice, law and economics pearson new international edition - law and economics pearson new international edition robert b cooter thomas ulen on amazon com free shipping on qualifying offers paperback pub date 2011 01 15 pages 544 language english publisher pearson law and economics has become a central course in us legal education and for students majoring in topics like economics political science and philosophy cooter and ulen provide, law s order what economics has to do with law and why it - 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