The book opens with a short introduction about the method and the standard discussion between common law and civil law. It brings in the debate over the legal origins’ theory and its consequences in terms of economic growth. It presents the study of courts at the global level and the importance of comparative judicial politics to stimulate a better understanding of comparative law and economics. The book also covers microeconomic analysis of legal rules with a few applications (titling of property, cost-shifting rules, plea-bargaining) and additional reading recommendations to the reader (for additional examples). The book then focuses on lawyering, with an emphasis on varying regulation of the legal profession around the world. The book concludes with a short summary of possible research developments in the next few years, namely behavioral and empirical advancements.
Nuno Garoupa is professor of law and associate dean for research and faculty development, George Mason University, Antonin Scalia Law School. Previously, he taught at Texas A&M University School of Law (2015–2018), University of Illinois College of Law (2007–2015), Universidade Nova de Lisboa, Portugal (2001–2007) and UniversitatPompeuFabra, Barcelona (1998–2001). He has a long-established research interest in the economics of law and legal institutions and comparative judicial politics. He has served as co-editor of the Review of Law and Economics (2004–2010) and of the International Review of Law and Economics (2012–2020). He has been awarded the Spanish Julián Marías Research Prize (2010).