William M. Landes
Clifton R. Musser Professor of Law and Economics
1111 East 60th Street
Chicago, IL 60637
phone: 773-702-9606
email: william_landes@law.uchicago.edu

Current Year Courses

• 49901 20 Independent Research
  Second- and third-year students may earn course credit by independent research under the supervision of a member of the faculty. Such projects are arranged by consultation between the student and the particular member of the faculty in whose field the proposed topic falls.
  Autumn (3)
  
  
• 73201 1 Economic Analysis of the Law
  This course introduces the concepts of law and economics. Over the last forty years, economics has become an important tool for those who want to understand the effect legal rules have on the way people behave. This course also explores the extent to which the principles of economics can be used to explain the workings of the legal system itself. The topics covered in this course include the Coase theorem, the choice between property and liability rules, the allocative effects of alternative liability rules (e.g., strict liability versus negligence), the determination of damages for breach of contract, and the economics of legal procedure. No prior acquaintance with economics or calculus is assumed; the relevant economic concepts are developed through an examination of particular legal applications. The student's grade is based on a final examination.
  Spring (3) e
  
  
• 79301 1 Art Law
  This seminar examines legal issues in the visual arts including artist s rights and copyright, government regulation of the art market, valuation problems related to authentication and artist estates, disputes over the ownership of art, illicit international trade of art, government funding of museums and artists, and First Amendment issues as they relate to museums and artists. The basis of the grade will be class participation and three short papers.
  Autumn (3)
  
  

Other courses taught include:

• Copyright
• Workshop: Law and Economics
• Art Law