Law & Economics
Portrait of Richard Posner
Scholar portraitSource: Wikimedia Commons

Posner

Richard A. Posner

Judge, legal scholar, and systematizer of economic analysis of law

economic analysis of lawjudicial behaviorlegal institutions

Official Source Note

The University of Chicago Law School lists Posner as Senior Lecturer in Law, retired, and describes his judicial and academic career, including his service on the U.S. Court of Appeals for the Seventh Circuit and his authorship of Economic Analysis of Law.

Posner is included as the major systematizer of economic analysis of law: his work made incentives, costs, efficiency, and institutional behavior legible across many legal fields.

Source: University of Chicago Law School

Relevance to the Archive

For this site's focus, Posner's contribution is methodological: securities enforcement, corporate governance, and financial supervision can all be studied through incentives, information, and institutional costs.

Representative Contributions

  • Economic Analysis of Law (1973)
  • The Economics of Justice (1981)

Works Included Here