The Legal Analyst A Toolkit for Thinking about the Law

Ex ante and ex post -- The idea of efficiency -- Thinking at the margin -- The single owner -- The least cost avoider -- Administrative cost -- Rents -- The coase theorem -- Agency (with Eric Posner) -- The prisoner's dilemma -- Public goods -- The stag hunt -- Chicken -- Cascades -- Voting paradoxes -- Suppressed markets (with Saul Levmore) -- Rules and standards -- Slippery slopes (with Eugene Volokh) -- Acoustic separation -- Property rules and liability rules -- Baselines -- Willingness to pay and willingness to accept : the endowment effect and kindred ideas -- Hindsight bias -- Framing effects -- Anchoring -- Self-serving bias, with a note on attribution error -- Presumptions -- Standards of proof -- The product rule -- The base rate -- Value and markets