a clear, jargon-free style, it provides an overview of the relationship between law and economics, including leading-edge topics such as environmental law, intellectual property law and game theory. Each chapter poses questions and problems to challenge and engage students. Thomas C. Schelling, the 2005 recipient of the Nobel Memorial Prize in Economic Sciences, endorses this text. Hallmark features of Principles of Law and Economics: Accessible to undergraduates with little or no background in economics. Clear, jargon-free analysis of case law, including United States v. Microsoft. Introductory overviews of economic theory and the structure of the U.S. legal system. Stimulating discussion of cutting-edge topics, such as environmental law, intellectual property and game theory. Chapter format includes questions and problems to engage students. Separate chapter on the work of Ronald Coase, foundational to modern law and economics.

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