Fundamental Principles of Law and Economics

Fundamental Principles of Law and Economics, 1st Edition, introduces the relationship between law and economics within an international context. Written by antitrust attorney Alan Devlin, the textbook explains the fundamentals of economic analysis in an accessible manner for students new to the subject.

The volume combines neoclassical economic analysis of law with developments in behavioural economic theory. It examines core legal subjects, including liability rules in tort doctrine, property entitlements, contractual remedies, and criminal behaviour, while also addressing litigation, innovation policy, and market regulation.

To facilitate comprehension, the textbook integrates tables and diagrams throughout its chapters. The presentation connects theoretical concepts directly to practical legal problems across jurisdictions.