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Economics and the law from posner to post-modernism Nicholas Mercuro and Steven G. Medema Princeton University Press, 1997, 235 pp


  • Erwin Blackstone
  • Gary Bowman


This overview presents the core elements of the different perspectives on the varied traditions within law and economics. One perspective considers what economics has to offer the law. This includes the microeconomic analytic framework based on self-interest to predict and evaluate the actions of consumers and firms (in traditional microeconomic analysis), voters and their elected representatives (in public choice theory), common law and settlements, torts and injury law (the Chicago school of law and economics), and contract law (in neoinstitutional transaction cost and agency issues). Copyright International Atlantic Economic Society 1999

Suggested Citation

  • Erwin Blackstone & Gary Bowman, 1999. "Economics and the law from posner to post-modernism Nicholas Mercuro and Steven G. Medema Princeton University Press, 1997, 235 pp," Atlantic Economic Journal, Springer;International Atlantic Economic Society, vol. 27(4), pages 474-480, December.
  • Handle: RePEc:kap:atlecj:v:27:y:1999:i:4:p:474-480
    DOI: 10.1007/BF02298342

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