LEC Workshop for Law Professors on the Economics of Contracting

Event Details

Program Description:  The goal of the Workshop for Law Professors on the Economics of Contracting is to help participants enhance their understanding of economics, broaden their analytical tools, and allow them to introduce greater economic sophistication and policy relevance to their academic work. This workshop is aimed at law professors interested in teaching and conducting research related to the various bodies of law regulating contracts and the contracting process and is carefully designed for those who possess little or no previous formal economics education. The workshop will focus upon how economic analysis illuminates how economic agents contract with each other, the substantive provisions that appear in contracts, how the costs of contracting impacts the organization of firms and industries, and how contracts are enforced.  The workshop will also examine recent scholarship on the economics of contracting as well as research strategies and data sources used to empirically measure the effect of such rules changes.