'This book is simply wonderful. The coverage is comprehensive and non-duplicative of other texts in this area. It really is a first-rate piece of work.' -- Thomas S. Ulen, University of Illinois, Urbana-Champaign, US
Hans-Bernd Schafer, Affiliate Professor of Law and Economics, Bucerius Law School and Claus Ott, Emeritus Professor of Civil Law, University of Hamburg, Germany
Contents: Preface Part I: Fundamentals 1. What is the Economic Analysis of Law? 2. Decisions, Consequences and Evaluation 3. Social Welfare 4. Rationality and Economic Behaviour 5. The Market, Property Rights and the Law Part II: Civil Liability 6. The Aims and Problems of Civil Liability 7. Negligence and Strict Liability in German Law 8. Liability under Bilateral Damages 9. Causality and the Attribution of Damages 10. Special Problems in Civil Liability Part III: Contract Law 11. Freedom of Contract, Contract Law and the Fully Specified Contract 12. Freedom of Contract and Market Mimicking Rules 13. Contractual Breach, Impossibility and Delay 14. Warranty Contracts 15. Ignorance, Trust, Opportunism and Efficiency 16. The Protection of Good Faith Part IV: Property Rights 17. Basic Issues in Property Rights 18. The Involuntary Transfer of Property Rights 19. The Inefficient Use of Real Estate 20. Intellectual Property Law and Innovation Index