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On Game Theory and the Law

Michael Alexeev*

Douglas Baird, Robert Gertner, & Randall Picker, Game Theory and the Law. Cambridge, MA: Harvard University Press, 1994. xii + 330 pages. $45.00.

On 18 January 1996 the Indiana University Law and Economics Lunch Bunch1 met to discuss the book Game Theory and the Law by Douglas Baird, Robert Gertner, and Randall Picker. Professor Dau-Schmidt wanted to review the book and, being rather a strong believer in social cooperation, thought a group effort would be a good idea. The rest of us, being eager to express our opinions, agreed.

Dau-Schmidt: I want to read a section from the preface of the book that sets forth the purposes the authors had in mind, and then ask your ...

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