Master 2020/2021

Law and Economics: Assorted Topics

Type: Elective course (Applied Economics)

Area of studies: Economics

Delivered by: Department of Theoretical Economics

Where: Faculty of Economic Sciences

When: 2 year, 1, 2 module

Mode of studies: offline

Instructors: Danisz Okulicz

Master’s programme: Applied Economics

Language: English

ECTS credits: 5

Contact hours: 60

Course Syllabus

Abstract

The course focuses on applying quantitative economic models to the analysis of broadly understood legal and institutional systems. It covers both traditional (crime, legal procedure, corruption) and more recent (intellectual property, privacy, irrational behavior) topics in Law and Economics. Prerequisites: undergraduate knowledge of microeconomics and game theory, basic calculus and probability

Learning Objectives

• During the course the students will get familiar with applications of an economic toolbox to an analysis of non-economic subjects with a focus on legal and institutional issues.

Course Contents

• Crime and Liability
  Crime, Liability and Torts
• Litigation
  Evidence, Pre-trial negotiation, Collective litigation
• Property
  Property and Contracts, Patents and Copyrights, Trademarks, Privacy
• Politics and Institutions
  Introduction to Political Economy, Corruption
• Additional topics
  Market for Legal Services, Behavioral Law and Economics

Assessment Elements

• Final exam
  Remote format
• Home assignments
• Mid-term exam

Interim Assessment

• Interim assessment (2 module)
  0.55 * Final exam + 0.16 * Home assignments + 0.29 * Mid-term exam

Bibliography

Recommended Core Bibliography

• Handbook of law and economics. V.1, , 2007
• Handbook of law and economics. Vol.1: ., , 2007
• Handbook of law and economics. Vol.2: ., , 2007
• Law and economics, Cooter, R., 2000
• The theory of industrial organization, Tirole, J., 1988

Recommended Additional Bibliography

• Economic analysis of law, Posner, R. A., 1998