This insightful research review assembles classic papers that explore the effects of various legal institutions and policies on economic development. The authors include analysis of the historical, current, and future conditions of numerous legal traditions and strategies, both nationally and globally. The review enhances understanding of how legal policies influence economic growth and contributes to the selection and advancement of those legal policies most likely to improve overall economic development and social welfare.
Robert D. Cooter and Francesco Parisi
This landmark research review provides an overview of the essential theories and methods used in the study of law and economics. The authors’ careful selection includes substantial contributions from other disciplines that shed new light on the assumptions, theories and methods that may enhance the understanding of human behavior. The first part presents papers discussing theories central to the foundations of law and economics. The second part offers papers describing a variety of methodologies designed to improve traditional economic models.