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Why has Law and Economics movement become successful? What is the status of the Chicago School? What are the alternative theories and how much influence do they exert? What can be considered mainstream? What are the norms and values underlying this impressive body of research? This book explores these issues, amongst others.

Issues such as the patentability of scientific ideas, the market for organs, and open source software are debated and yet poorly understood. This book states that there is a need for sound economic theorizing on such issues. It offers a concise exposition of the economics of property rights.

Featuring a broad range of contributors, current data, and case studies, this book explores how the discussion of environmental policy requires the integration of legal-economic analysis of property rights issues.

This collection of 22 essays responds to the question: What are the most fundamental things you can say concerning the interrelations between the institutions of government and property? Authors were asked to address this question in a positive analysis and that their essay penetrate to the deepest levels of property-government organization.