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8827 - Law and Economics
Professor: Guy A. Rub
Semester: 2012 Autumn
Second Writing Requirement? No
Professional Responsibility? No
Means of Assessment: A final open book exam and class participation
Why and when should property be privately owned? How can a legal system minimize the social costs of accidents? Should the state regulate pollution? If so, how? What is the socially appropriate punishment for a crime? Why do we even need the law of contract? What are the purposes of default rules?
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