Graduate Law and Economics I
Fall 2013 GMU Syllabus

Mondays, 7:20-10:00pm during Fall 2013, in Planetary Hall, Room 120.

Instructor: Robin D. Hanson, Associate Professor, Economics (,
Office Hours: Officially Monday 5:00-7:00p. But I'm usually in at Carow Hall 10A. Call ahead (703-993-2326) if you want to be sure.

Catalog Entry:

Econ 840 Law and Economics I. Prerequisite: ECON 611 or 811 or permission of instructor. Uses economics to analyze U.S. Common-law system, evaluating efficiency and logic of evolution.
Required Texts:
David D. Friedman, Law's Order: What Economics Has to Do with Law and Why It Matters, Princeton Univ. Press 2000, ISBN 0691090092.
Recommended Text:

A. Mitchell Polinsky, Introduction To Law and Economics, Fourth Edition Aspen Publishers, 2010.

Robert Cooter and Thomas Ulen, Law and Economics, Sixth Edition, Addison Wesley 2012.
Goal of Class
Gain familiarity with basic facts and issues in the economics of law, and an ability to use basic economics to argue for particular legal outcomes.
Assignments: Legal Opinion Topics
  1. Property: Who Gets What Asteriods and Sunlight?
  2. What remedy or damages for cuckold?
  3. Shall we let police tag-read all cars at all intersections? Gait/face read all pedestrians? May Google do the same?
Due Dates: Grade Weights: Class Participate 5%, 13% per Quiz and paper, 17% final.
Week Text ChaptersLecture Topics
30 AugF1-3, P1-2, C1-2 Law Intro, Economics Review
6 Sept C3 Law and Legal Institutions
13 SeptF4, C4 Coasean Analysis No Class Thursday
20 SeptF5,10, P4, C4 Property
27 SeptF11, C5 Property Continued
4 Oct F12, P5, C6 Contract
11 Oct Contract Continued No Class Tuesday
18 Oct F13, P8, C7 Contract Continued
25 Oct F14, P6, C8 Tort
1 Nov F14, P7, C9 Tort Continued
8 Nov C10, P16 Legal Process No Class Tuesday
15 Nov F15, P10, C11 Crime
22 Nov F18, P11, C12 Crime Continued
29 NovF17 Private Law
6 Dec Other Alternatives
13 Dec Final Exam, 10:30am-1:15pm.

Disability Notice

If you are a student with a disability and you need academic accommodations, please see me and contact the Disability Resource Center (DRC) at 703.993.2474. All academic accommodations must be arranged through that office.

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