5.1 — Crimes vs. Torts — Class Content

Contents

Thursday, May 6, 2021

Overview

TBD

Readings

• Ch. 12 in Cooter and Ulen, 2012, Law & Economics
• Friedman, 1995, “Rational Criminals and Profit-Maximizing Police: Gary Becker’s Contribution to the Economic Analysis of Law and Law Enforcement”
• Tabarrok, 2015, “What Was Gary Becker’s Biggest Mistake?”
• Wu, 2007, “American Lawbreaking: Introduction”

Primary Sources Mentioned

• Becker, 1968, “Crime and Punishment: An Economic Approach”
• Becker and Stigler, 1974, “Law Enforcement, Malfeasance, and the Compensation of Enforcers”
• Friedman, 1979, “Private Creation and Enforcement of Law: A Historical Case”
• Koyama, 2014, “The law & economics of private prosecutions in industrial revolution England”
• Friedman, 1999, “Why Not Hang them All? The Virtues of Inefficient Punishment”

Slides

• Download as PDF

Assignments

Discussion board due this Sunday May 18.