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The rise of the field of law and economics has been extremely rapid over the last 25 years. Among important developments of the 1990s has been the founding of the American Law and Economics Association. The creation and rapid expansion of the ALEA and the creation of parallel associations in Europe, Latin America, and Canada attest to the growing acceptance of the economic perspective on law by judges, practitioners, and policy-makers.

Publisher: Oxford University Press

Volume 3, Number 1, 1 January 2001
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The market for social norms
pp. 1-49(49)
Author: R. Ellickson

The genesis of liability in ancient law
pp. 82-124(43)
Author: F. Parisi

Appeal from jury or judge trial: defendants' advantage
pp. 125-164(40)
Authors: KM Clermont; T Eisenberg

The property-contract boundary: an economic analysis of leases
pp. 165-185(21)
Authors: T. Miceli; C. Sirmans; G. Turnbull

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