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Applying the economic analysis of law approach

How does an economic analyst tackle a fundamental contract law issue? Dr Chris Taggart explains.

To wrap up our economic analysis of law week, we’ll see how the economic analyst might tackle a fundamental contract law issue, contrasting it with the ‘traditional’ way of tackling that issue.

The contrast will help you make your own decision about the best way to think about such legal issues. However, before we go on, we must consider some fundamental contract law doctrine.

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Jurisprudence: Introduction to the Philosophy of Law

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