Econ 522 – Economics of
Law – Fall 2013
Lectures: |
Mondays and Wednesdays, 2:30-3:45 p.m., 5106 Social Science |
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Professor: |
Dan Quint, dquint@ssc.wisc.edu 6444 Social Science, 263-2515Office hours Tuesday afternoons 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 October 23 and November 20Final exam Saturday December 21, 7:45-9:45 a.m., location TBA |
Syllabus Sample exam questions from past semesters, and a solution to one of them
Homework 1 – due online (via Learn@UW) Thursday, September 19 at 11:59 p.m.Homework 2 – due online (via Learn@UW) Thursday, October 10 at 11:59 p.m. Lecture slides/notes Introductory material Lecture #1 – introduction, the Common and Civil Law traditions, whales and baseballsLecture #2 – efficiency – what is it, do we want it and why? “fake homework” for lecture #3 – why are broad-based taxes preferable to narrow ones?Lecture #3 – efficiency as a normative goal; intro to static game theory Property Law Lecture #4 – intro to static game theory; motivation for property law; the Coase TheoremLecture #5 – foxes; threat points and bargaining; when will property rights expand; transaction costsLecture #6 – how should we deal with transaction costs? what does the efficient property law system look like?Lecture #7 – more on designing the efficient property law system; sequential rationalityLecture #8 – sequential rationality and intellectual propertyLecture #9 – limitations and exceptions to property rights Section notes Section #1 (September 13)Section #2 (September 20)Section #3 (September 27) Also feel free to check out last semester’s course materials, as the course this fall will be very similar.