The past decade has brought certain corporate transactions and arrangements to the forefront of public attention and debate. At the same time, a new mode of cor

The authors argue that the rules and practices of corporate law mimic contractual provisions that parties would reach if they bargained about every contingency

What effects do laws have? Do individuals drive more cautiously, clear ice from sidewalks more diligently, and commit fewer crimes because of the threat of lega

The modern corporation has become central to our society. The key feature of the corporation that makes it such an attractive form of human collaboration is its

This comprehensive textbook provides a thorough guide to the economic analysis of law, with a particular focus on civil law systems. It encapsulates a structure