ÈâÂþÎÝ Law has a cadre of full-time faculty who make law and economics a primary focus of their work. Their approaches to economic analysis are diverse: theoretical, quantitative, empirical, and experimental. Several of our faculty are lawyer-economists, and a number of them hold leadership positions in the Society for Empirical Legal Studies and the American Law & Economics Assocation. Some, such as Lewis Kornhauser, have played central roles in the development of Law and Economics as a field.
Several centers and institutes are led by Law and Economics faculty. The promotes interdisciplinary research and teaching in law and economics. Its director, ’86, is a leading proponent of empirical analysis of legal issues, as is , who also co-directs the with Arlen. , whose research focuses on the law and economics of competition and innovation, is a faculty director of the . Dean Emeritus , an expert on cost-benefit analysis, directs the . , whose research interests focus on the theoretical and empirical analysis of corporations and capital markets, is director of the .
The depth of scholarship in law and economics is further increased by affiliated and visiting faculty. Portfolio manager Alan Rechtschaffen teaches Financial Instruments and the Capital Markets, and leading economists, such as , Alan Auerbach, and Alan Viard, participate in the intellectual life of the Law School, as do faculty from ÈâÂþÎÝ’s . Scholarly ideas are also regularly exchanged by all at the , the , and the .
The economic analysis of law is taught throughout the standard curriculum as well as in advanced courses and several colloquia. There are the ; the ; the ; and the . ÈâÂþÎÝ School of Law students can also cross-register for courses within the economics department, the , the , and the .
The Law School offers, as well as fellowships such as the , the , and the .