Public choice is the economic study of the decisionmaking process behind the (constitutional or ordinary) laws, statutes and regulations governing society, and other such non-market decisions.This course focuses particularly on the origins and foundations of the state, voting rules, political activity, direct and representative democracy, interest groups, and rent seeking. Some specific law reform issues will be analyzed through the lens of public-choice theory, showing how such theory can help interpret mechanisms and aims of lawmaking. The tools developed during the course will be applied to an analysis of specific areas of the law such as tort liability and intellectual property.
There are no sections of this course currently scheduled for this semester.