Law and Economics

Author: Chen Guofu
Publisher:
Publish Date: 2006-01-01
Features: Law and Economics is an emerging interdisciplinary field that aims to apply modern economic methods to explain legal systems and analyze legal issues. Law and Economics is a textbook written by Chinese scholars, designed for undergraduate teaching. In the textbook, the author incorporates the research achievements of the field since the 1930s and systematically explains property law, contract law, tort law, criminal law, procedural law, and constitutional law using economic methods. Compared to similar textbooks abroad, this textbook has the following characteristics: it provides more thorough, clearer, and broader coverage of property law, contract law, tort law, criminal law, and procedural law. In the textbook, not only are concepts such as rationality and transaction costs introduced in detail, but the content of various legal fields is also analyzed through an economic lens, allowing readers to grasp the economic logic embedded in these legal areas.
Second, the textbook cites numerous cases, and through insightful analysis of these cases, it makes the content more vivid and engaging, blending theory with reality. In the book, examples are analyzed using normative economic methods, integrating legal principles with economic logic.
Third, in terms of structure, the textbook is more suitable for Chinese readers' reading habits. Structurally, each chapter of the textbook is self-contained, progressing from simple to complex, from abstract to concrete, in a layered manner—differing significantly from foreign textbooks. It integrates the research achievements of law and economics into a rigorous logical framework, not only providing readers with systematic knowledge of law and economics but also offering them a method to understand the internal structure of law.