Econ 522 Economics of
Law Spring 2013
Lectures: |
Mondays and Wednesdays, 2:30-3:45 p.m., 5208 Social Science |
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Professor: |
Dan Quint, dquint@ssc.wisc.edu |
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7428 Social Science, 263-2515Office hours Tuesdays, 2-4, other times by appointment |
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Teaching Assistant: |
Nathan Yoder, ndyoder@wisc.edu6413 Social ScienceOffice hours Mondays, 1-2 and Wednesdays, 4-5 |
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Exam Dates: |
Two in-class midterms March 4 and April 8Final exam Sunday May 12, 5:05-7:05 p.m., location TBA |
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Syllabus Sample exam questions from past semesters and a solution to one of them
Homework 1 efficiency due 11:59 p.m., Thursday February 7, via Learn@UWHomework 2 property law due 11:59 p.m., Thursday February 28, via Learn@UWHomework 3 contract law due 11:59 p.m., Thursday March 21, via Learn@UWHomework 4 tort law, criminal law, etc. due 11:59 p.m., Thursday May 2, via Learn@UW Introductory Material Lecture 1 overview, the common and civil law traditions, dead whales and baseballsLecture 2 efficiency what is it, and do we want it fake homework for Wed 1/30 (why are broad taxes better than narrow ones)Lecture 3 more on efficiency, some game theory, intro to property law Property Law Lecture 4 motivating property law, foxes, and the Coase TheoremLecture 5 transaction costs: what causes them, how should we deal with them?Lecture 6 injunctions versus damages (Calabresi and Melamed)Lecture 7 maximum liberty, fugitive propertyLecture 8 dynamic games/sequential rationality, intellectual propertyLecture 9 limitations and exceptions to property lawLecture 10 eminent domain, regulation; motivating contract law Contract Law Lecture 11 introducing contracts; the Bargain Theory; breachLecture 12 reliance and over-reliance; default rules and penalty defaultsLecture 13 ways to get out of a contract (formation defenses and performance excuses)Lecture 14 impossibility, contracts based on faulty informationLecture 15 remedies for breach of contractLecture 16 repeated interactions and other stuff Tort Law Lectures 17 and 18 intro, basic framework, incentives for precaution and activity levelsLecture 19 Shavell on accidents involving businesses, the Hand Rule for determining negligenceLecture 20 extending our basic model of tort lawLecture 21 wrapping up tort law Other Lecture 22 thinking about the legal processLectures 23-24 criminal lawLectures 25 behavioral economics and the law Section handout 1Section handout 2
Section handout 3
Section handout 4Midterm review 1
Section handout contracts 1
Section handout contracts 2
Midterm review 2
Section handout torts 1
Section handout torts 2
You can also check out the course materials from this past fall, the course will be very similar.