Economic Analysis of Private Law

The course program focuses on:
1) the origins and development of economic analysis of law in the Chicago school;
2) the subsequent diffusion of the same in the Italian legal culture;
3) the fundamental concepts developed by the theory of economic analysis of law and, in particular, the maximization of overall wealth, the economic balance and efficiency, game theory and market failures;
4) the analysis of the application of the aforementioned institutions originally developed in the economic field, also in the legal field, both from a theoretical and practical point of view;
5) the right of property, through the elaboration of an economic theory of property;
6) the Coase Theorem;
7) transaction costs and the search for efficient legal rules.
8) the distinction between public and private goods from an economic point of view;
9) efficient regulation of the ownership regime of the various assets;
10) contract law, from an economic point of view;
11) the search for an efficient discipline of pre-contractual information obligations, fulfillment, assignment;
12) transaction costs;
13) perfect contracts;
14) market failures;
15) civil liability, from an economic point of view, as a tool for minimizing the social cost of accidents;
16) efficient regulation of damage, causal link and guilt;
17) therefore some application problems will be solved in terms of property, contracts and civil liability.