Daily schedule

Economics 357: Law and Econmics

Daily schedule:
	1/19	1/26	2/2	2/9	2/16	2/23	3/1	3/8	3/22	3/29	4/5	4/12	4/19	4/26
Mon:	--	3	6	9	--	14	17	20	23	26	29	32	35	38
Wed:	1	4	7	10	12	15	18	21	24	27	30	33	36	39
Fri:	2	5	8	11	13	16	19	22	25	28	31	34	37	--

Day 1: Wed., 1/21/04:
Topic:	Administration
Handouts:	Syllabus General course policies
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Day 2: Fri., 1/23/04:
Topic:	IA. The relationship between law and economics (start)
Readings:	Friedman: Introduction; Chapter 1 Posner. “The Economic Approach to Law.” Leff. "Economic Analysis of Law: Some Realism about Nominalism." Questions to consider: 1. What can economists do for lawyers and the law? 2. What criticisms get raised against the economic analysis of law? Optional: Craft, R. Kim, and Joe G. Baker. "Do Economists Make Better Lawyers? Undergraduate Degree Field and Lawyer Earnings."
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Day 3: Mon., 1/26/04:
Topic:	IA. The relationship between law and economics (cont'd.)
Handouts:	Legal institutions and processes: study guide Incentives and outcomes
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Day 4: Wed., 1/28/04:
Topics:	IA. The relationship between law and economics (cont'd.) IB. Review of microeconomic theory
Readings:	Friedman: Chapter 2
Handouts:	Fundamental critiques of the economic analysis of law
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Day 5: Fri., 1/30/04:
Topic:	II. Law and economic analysis IIA. Legal institutions and processes
Readings:	Required (tip: see study guide questions): Friedman: Intermezzo. State Bar of California. A Guide to Legal Literacy: Understanding the U.S. Legal System, 2001. Administrative Office of the U.S. Courts. Publications: Select link to Understanding the Federal Courts. Skim: California Courts. Guide to California Courts. Optional: Olson, Mancur. "Dictatorship, Democracy, and Development." American Political Science Review 87 (September 1993): 567-76.
Handouts::	Case brief: template Case brief: example
Assignments:	Short assignment 1
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Day 6: Mon., 2/2/04:
Topics:	IIA. Legal institutions and processes (cont'd.) IIB. Foundations for the economic analysis of the common law 1. Economics and externalities
Readings:	Friedman: Chapters 3; 4.
Handouts::	Coase and economics: study guide
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Day 7: Wed., 2/4/04:
Topic:	IIB1. Economics and externalities (cont'd.) IIB2. Coase and externalities
Readings:	Required: Ronald Coase. "The Problem of Social Cost." Journal of Law and Economics (1960): 1-44. Optional: Simpson, A. W. Brian. "Coase v. Pigou Reexamined." Journal of Legal Studies 25 (January 1996), 53. Coase, Ronald H. "Law and Economics and A. W. Brian Simpson." Journal of Legal Studies 25 (January 1996), 103.
Handouts:	Coase cases
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Day 8: Fri., 2/6/04:
Topic:	IIB2. Coase and externalities (cont'd.) a. The Pigouvian approach can be inefficient
Handouts:	The Coase theorm and the initial assignment of property rights
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Day 9: Mon., 2/9/04:
Topic:	IIB2. Coase and externalities (cont'd.) b. Externalities may not cause inefficiency c. The real problem is transaction costs, not externalities
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Day 10: Wed., 2/11/04:
Topic:	IIB3: Foundations for the economic analysis of the common law: Policy options III. Property IIIA. The economics of property rights
Readings:	Friedman: Chapter 10
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Day 11: Fri., 2/13/04:
Topic:	IIIA. The economics of property rights (cont'd.) IIIB. Acquiring property rights
Cases:	Haslam v. Lockwood 37 Conn. 500 (1871)
Worksheets:	Study guide: Units I and II
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Day 12: Wed., 2/18/04:
Topic:	IIIB. Acquiring property rights (cont'd.)
Cases:	Pierson v. Post (no number) (1805) Hammonds v. Central Kentucky Natural Gas Co. 255 Ky. 685 (1934) Houston and Baker v. United States Gypsum Co. 652 F.2d 467 (1981)
Assignments:	Short assignment 2
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Day 13: Fri., 2/20/04:
Topics:	IIIB. Acquiring property rights (cont'd.) IIIC. Exercising property rights
Cases:	Ploof v. Putnam 81 Vt. 471 (1908) Vincent v. Lake Erie Transport Co. 109 Minn. 456 (1910)
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Day 14: Mon., 2/23/04:
Topics:	IIIC. Exercising property rights (cont'd.)
Cases:	Sanborn v. McLean 233 Mich. 227 (1925)
Topic:	IIID. Conflicting property rights 1. Incompatible uses
Readings:	Friedman: Chapter 5
Cases:	Fontainebleau Hotel Corp. v. Forty-Five Twenty-Five, Inc. 114 So.2d 357 (1959) Estancias Dallas Corp. v. Schultz, 500 S.W. 2d 217 (1973) Boomer v. Atlantic Cement Co. 26 N.Y.2d 219 (1970) Spur Industries v. Del E. Webb Development (1972)
Worksheets:	Alternative approaches to handling incompatible uses
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Day 15: Wed., 2/25/04:
Topic:	IIID1. Incompatible uses (cont'd.)
Assignments:	Research paper
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Day 16: Fri., 2/27/04:
Topics:	IIID1. Incompatible uses (cont'd.) IIID2. Takings
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Day 17: Mon., 3/01/04:
Topic:	IIID2. Takings (cont'd.)
Cases:	Poletown Neighborhood Council v. City of Detroit 410 Mich. 616 (1981) Pennsylvania Coal Co. v. Mahon 260 U.S. 393 (1922) Keystone Bituminous Coal Association v. DeBenedictis 480 U.S. 470 (1987)
Topic:	IIIE. Intellectual property 1. Economic analysis
Readings:	Friedman: Chapter 11 "So not intimidated"
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Day 18: Wed., 3/03/04:
Topic:	IIIE1. Economic analysis (cont'd.) IIIE2. Intellectual property law
Cases:	Lowell v. Lewis, 15 F. Cas. 1018 (1817) Rickard v. Du Bon, 103 Fed. 868 (1900) Brenner v. Manson 383 U.S. 519 (1966) Sears, Roebuck & Co v. Steiffel Co. 376 U.S. 225 (1964)
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Day 19: Fri., 3/05/04:
Topic:	IIIE2. Intellectual property law (cont'd.)
Cases:	Sony Corporation v. Universal City Studios (brief), 464 U.S. 417 (1984)
Handouts:	Study guide: Unit III Unit III case list
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Day 20: Mon., 3/08/04:
Topic:	IIIE2. Intellectual property law (cont'd.)
Topic:	IV. Contracts A. The economics of contracts 1. Aligning incentives
Readings:	Friedman: Chapters 8; 6
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Day 21: Wed., 3/10/04:
Topic:	Review for midterm - in class
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Day 22: Thu., 3/11/04:
Topic:	Midterm, 5-7 PM, J200
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Day 23: Mon., 3/22/04:
Topic:	IVA2. Allocating risk
Handouts:	Contract cases: team assignments
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Day 24: Wed., 3/24/04:
Topics:	IVA2c. Allocating risk - Insurance contracts IVB. Making contracts
Readings:	Friedman: Chapter 12
Cases:	Minneapolis and St. Louis Railway v. Columbus Rolling Mill 119 U.S. 149 (1886) - (team brief) Sherwood v. Walker. 66 mich. 568, 33 N.W. 919 (1887) - (team brief) Hamer v. Sidway 124 N.Y. 538 (1891)
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Day 25: Fri., 3/26/04:
Topic:	IVB. Making contracts (cont'd.)
Cases:	Broadnax v. Ledbetter, 99 S.W. 1111 (1907) - (team brief) Cotnam v. Wisdom, 104 S.W. 164 (1907) - (team brief)
Topic:	IVC. Enforcing contracts
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Day 26: Mon., 3/29/04:
Topic:	IVC. Enforcing contracts (cont'd.)
Cases:	Harding v. Ja Laur Corp., 20 Md. App. 209 , 315 A. 2d 132 (1974) (team brief) Stambovsky v. Ackley: 169 A.D.2d 254 (1991) Laidlaw v. Organ 15 U.S. 178 (1817) - brief Alaska Packers Assn. v. Domenico, 117 F. 99 (1902) (team brief)
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Day 27: Wed., 3/31/04:
Topic:	IVC. Enforcing contracts (cont'd.)
Cases:	Williams v. Walker-Thomas Furniture Co., 350 E2d 445 (1965) (team brief)
Topic:	IVD. Interpreting contracts
Cases:	Wood v. Duff-Gordon. 222 N.E. 88 (1917) (team brief) Suydam v. Jacskon 54 N.Y. 450 (1873) (team brief) Albert M. Greenfield & Co. V. Kolea 475 Pa. 351 (1976) (team brief)
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Day 28: Fri., 4/02/04:
Topic:	IVD. Interpreting contracts (cont'd.)
Cases:	Morin Building Products Inc. v. Baystone Construction Inc. 717 F. 2d 413 (1983) (team brief)
Topic:	IVE. Breaking contracts
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Day 29: Mon., 4/05/04:
Topic:	IVE. Breaking contracts (cont'd.)
Cases:	Goebel v. Linn 47 Mich 489 (1882) (team brief) Walgreen Co. v. Sara Creek Property Co., 966 F.2d 273 (1992) (team brief) Hawkins v. McGee 84 N.H. 114 (1929)
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Day 30: Wed., 4/07/04:
Topic:	IVE. Breaking contracts (cont'd.)
Cases:	Groves v John Wunder Co. 205 Minn. 163 (1939) (team brief) Peevyhouse v. Garland Coal & Mining Co. 382 P. 2d 109 (1963) (team brief) Hadley v Baxendale, 9 Ex. 341 (1854) (team brief)
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Day 31: Fri., 4/09/04:
Topic:	IVE. Breaking contracts (cont'd.)
Cases:	Lake River Corp v. Carborundum Co. 769 F.2d 1284 (1985)
Topic:	V. Torts A. The economics of tort liability
Readings:	Friedman: Chapters 7, 14
Handouts:	Tort cases: assignments Tort cases: legal teams
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Day 32: Mon., 4/12/04:
Topics:	VA. The economics of tort liability (cont'd.) VB. Harm
Cases:	Winn Dixie Stores, Inc. (d) v. Benton (p) 576 So.2d 359 (1991)
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Day 33: Wed., 4/14/04:
Topic:	VC. Causation
Cases:	Davies v. Mann, 10 M. & w. 547, 152 Eng. Rep. 588 (1842) (team brief) British Columbia Electric Rail Co., Ltd. (d) v. Loach (p), 1916 1 A.C. 7193 (1916) (team brief) Central of Georgia Ry. Co. (d) v. Price (p), 106 Ga. 176 , 32 S.E. 77 (1898) (team brief) Palsgraf v. Long Island Railroad Company 248 N.Y. 339 (1928) (team brief)
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Day 34: Fri., 4/16/04:
Topic:	VC. Causation (cont'd.)
Cases:	Blyth v. Birmingham Waterworks, 11 Exch. 781, 156 Eng. Rep. 1047 (1856) (team brief) Adams v. Bullock, 227 N.Y. 208, 125 N.E. 93 (1919) (team brief) Berry v. The Bourough of Sugar Notch, 191 Pa. 345 , 43 A. 240 (1899) (team brief) Kingston v. Chicago & N. W. Ry. Co. 211 N.W. 913 (1927) (team brief)
Handouts:	The symmetry test Study guide: Unit IV
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Day 35: Mon., 4/19/04:
Topic:	VC2. Causation: Boundaries of causation (cont'd.)
Topic:	VD. Liability VD1. Negligence
Cases:	United States v. Carroll Towing Co., 159 F.2d 169 (1947) Saglimbeni v. West End Brewing Co., 274 A.D. 201; 80 N.Y.S.2d 635 (1948) (team brief) Dunn v. Hoffman Beverage Co., 126 N.J.L. 556 (1941) (team brief)
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Day 36: Wed., 4/21/04:
Topic:	VD2. Victim fault
Cases:	Butterfield v. Forrester, King's Bench, 11 East 60 (1809) Dobson v. Louisiana Power & Light Co., 567 So. 2d 569 (1990) (team brief)
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Day 37: Fri., 4/23/04:
Topic:	VD2. Victim fault (cont'd.)
Cases:	Ordway v. Superior Court 198 Cal.App.3d 98 (1988) (team brief)
Topic:	VD3. Strict liability
Cases:	Turner v Big Lake Oil Company, 128 Tex. 155; 96 S.W.2d 221 (1936) (team brief) Escola v. Coca Cola Bottling Co., 24 Cal. 2d 453 (1944) McDaniel v. McNeil Lab. Inc., 241 N.W.2d 822 (1976) (team brief)
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Day 38: Mon., 4/26/04:
Topic:	VD4. Joint liability
Cases:	Summers v. Tice 33 Cal. 2d 80 (1948) Ybarra v. Spangard 25 Cal. 2d 486 (1944) (team brief)
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Day 39: Wed., 4/28/04:
Topic:	VD4. Joint liability (cont'd.)
Cases:	Sindell v. Abbott Laboratories, 26 Cal. 3d 588 (1980) (team brief)
Topic:	VE. Damages
Readings:	Friedman: Chapter 9
Cases:	Vosburg v. Putney, 80 Wis. 523 (1891) (team brief) Rickards v. Sun Oil Co., 23 N.J. Misc. 89 (1945) (team brief) Wycko v. Gnodtke, 361 Mich. 331 (1960) (team brief) Hunt v. K-Mart Corp. 981 P.2d 275 (1999) (team brief)
Handouts:	Study Questions: Unit V: Torts
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