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Law and Economics is a method of analyzing laws, legal processes, and judicial decisions using the concerns and techniques of neoclassical economics. This two-volume book deals with the theory of Law and Economics and its applications in the context of India. It is written with an objective to convey the principles and use of this discipline, based on real-world examples, to lawyers and economists as well as others including policy-makers, analysts, civil-society observers, and so on, who do not have formal training in law and economics.