Law and Economics Seminar I
(Same as ECON 354). This seminar examines current research by lawyers and economists on a variety of topics in law and economics. Several sessions of the seminar consist of an invited speaker, usually from another university, who discusses his or her current research. Representative of these sessions have been discussions of contribution among antitrust defendants, the philosophical foundations of the economic analysis of law, compensation for government regulations and takings, liability rules for controlling accidents, and the corporate tax treatment of nonprofit institutions. Adequate preparation consists of an introductory microeconomics course at the undergraduate level. Students may take both Law and Economics Seminar I and Law and Economics Seminar II in any order (neither is a prerequisite for the other); however, students may not take either course more than once.