- Docente: Francesco Parisi
- Credits: 6
- SSD: SECS-P/01
- Language: Italian
- Teaching Mode: Traditional lectures
- Campus: Bologna
- Corso: First cycle degree programme (L) in Economics, Markets and Institutions (cod. 8038)
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from Apr 14, 2025 to May 19, 2025
Learning outcomes
At the end of the course, the student has the basic knowledge of the economic analysis of law, with particular reference to the institutions of property, contracts, civil and criminal liability, and sanctions. Specifically, the student is able to: - evaluate the effects of legislation on individual behavior - apply the methodology and tools of economic analysis to civil law and the functioning of markets. The student is also able to find the bibliographic sources for his own updating.
Course contents
- Schools and methodology of "Law & Economics"
- Design of rules and alignment of incentives
- Economic models of contracts
- Economic models of civil liability
- Coase's theorem
- Economic theories of ownership
- Economic analysis of disputes
Readings/Bibliography
- Parisi (2013), The Language of Law and Economics: a Dictionary, Cambridge University Press.
- ROBERT COOTER, UGO MATTEI, PIER GIUSEPPE MONATERI, ROBERT PARDOLESI, THOMAS ULEN (2006), The market of rules. Economic analysis of civil law I. Fundamentals
plus some articles indicated in class.
Non-attending students will find useful the exercises contained in:
- ROBERT COOTER, UGO MATTEI, PIER GIUSEPPE MONATERI, ROBERT PARDOLESI, THOMAS ULEN (2006), The market of rules. Economic analysis of civil law II. Applications
Teaching methods
Lectures and exercises.
Assessment methods
Written exam: multiple choice questions with motivation and open-ended questions. Duration: one hour.
Students are reminded that exams passed with positive results can be repeated a maximum of once.
Evaluations:
18-23: the student has sufficient preparation and analytical skills, spread however, over just few topics taught in the course, the overall jargon is correct
24-27: the student shows and adequate preparation at a technical level with some doubts over the topics. Good, yet not to articulate analytical skills with the use of a correct jargon
28-30: Great knowledge about most of the topics taught in the course, good critical and analytical skills, good usage of the specific jargon
30L: excellent and in depth knowledge of all the topics in the course, excellent critical and analytical skills, excellent usage of specific jargon.
Teaching tools
Slides, video projector, blackboard, digital blackboard
Office hours
See the website of Francesco Parisi