This insightful single-volume compilation brings together the most important contemporary work by experts in the economic analysis of legal reasoning and interpretation. The collection explores a wide range of topics in the field, from constitutional to statutory interpretation, precedent and the interpretation of contracts. The articles raise key questions concerning the optimal construction of institutions, the best approach to judicial decision-making, and the best strategies for statutory and contract drafting. Prefaced by an original introduction by the editor, this collection will be...

Elgar Advanced Introductions are stimulating and thoughtful introductions to major fields in the social sciences, business and law, expertly written by the world's leading scholars. Designed to be accessible yet rigorous, they offer concise and lucid surveys of the substantive and policy issues associated with discrete subject areas. This comprehensive Advanced Introduction provides an overview of contract law and contemporary contract theory. Demonstrating that an understanding of theory and policy is a vital aspect of being an effective practicing lawyer, Brian H. Bix explores the...