The University of Chicago is a private research university in Chicago. The university has its main campus in Chicago's Hyde Park neighborhood. For more than a century, UChicago has placed among the most distinguished, elite research universities and is ranked among the top universities in the world.
Gary Stanley Becker was an American economist who received the 1992 Nobel Memorial Prize in Economic Sciences. He was a professor of economics and sociology at the University of Chicago, and was a leader of the third generation of the Chicago school of economics.
Law and economics, or economic analysis of law, is the application of microeconomic theory to the analysis of law, which emerged primarily from scholars of the Chicago school of economics. Economic concepts are used to explain the effects of laws, to assess which legal rules are economically efficient, and to predict which legal rules will be promulgated. There are two major branches of law and economics; one based on the application of the methods and theories of neoclassical economics to the positive and normative analysis of the law, and a second branch which focuses on an institutional analysis of law and legal institutions, with a broader focus on economic, political, and social outcomes, and overlapping with analyses of the institutions of politics and governance.
The Chicago school of economics is a neoclassical school of economic thought associated with the work of the faculty at the University of Chicago, some of whom have constructed and popularized its principles. Milton Friedman and George Stigler are considered the leading scholars of the Chicago school.
The University of Chicago Law School is the law school of the University of Chicago, a private research university in Chicago, Illinois. It employs more than 180 full-time and part-time faculty and hosts more than 600 students in its Juris Doctor program, while also offering the Master of Laws, Master of Studies in Law and Doctor of Juridical Science degrees in law. The law school has the highest percentage of recent graduates clerking for federal judges. It is consistently ranked among the most prestigious law schools in the world, and has distinguished alumni in the judiciary, academia, government, politics, and business.
The Bluebook: A Uniform System of Citation is a style guide that prescribes the most widely used legal citation system in the United States. It is taught and used at a majority of U.S. law schools and is also used in a majority of federal courts. Legal publishers also use several "house" citation styles in their works. The Bluebook is compiled by the Harvard Law Review Association, the Columbia Law Review, the University of Pennsylvania Law Review, and the Yale Law Journal. Currently, it is in its 21st edition. Its name derives from the cover's color.
The University of Chicago Booth School of Business, also known as Chicago Booth, is the graduate business school of the University of Chicago, a private research university in Chicago, Illinois. Founded in 1898, Chicago Booth is the second-oldest business school in the U.S. and is associated with 10 Nobel laureates in the Economic Sciences, more than any other business school in the world. The school has the third-largest endowment of any business school.
George Joseph Stigler was an American economist. He was the 1982 laureate in Nobel Memorial Prize in Economic Sciences and is considered a key leader of the Chicago school of economics.
The Antonin Scalia Law School, previously titled as the George Mason University School of Law, is the law school of George Mason University, a public research university in Virginia. It is located in Arlington, Virginia, roughly 4 miles (6.4 km) west of Washington, D.C., and 15 miles (24 km) east-northeast of George Mason University's main campus in Fairfax, Virginia.
William M. Landes is an American economist who has written about the economic analysis of law and an emeritus professor at the University of Chicago Law School. He is a fellow of the American Academy of Arts and Sciences, which cited him for his work in the field. He is among the most cited law professors in American law reviews. Landes also is the original founder of Lexecon, a legal and economic consulting firm.
Eric Andrew Posner is an American lawyer and legal scholar who has served as a counsel for the Department of Justice Antitrust Division since 2022. As a law professor at the University of Chicago Law School, Posner has taught international law, contract law, and bankruptcy, among other areas. As of 2021, he was the second most-cited active legal scholar in the United States. He is the son of retired Seventh Circuit Judge Richard Posner.
Orley Clark Ashenfelter is an American economist and the Joseph Douglas Green 1895 Professor of Economics at Princeton University. His areas of specialization include labor economics, econometrics, and law and economics. He was influential in contributing to the applied turn in economics.
Robert H. Sitkoff is the Austin Wakeman Scott Professor of Law and the John L. Gray Professor of Law at Harvard Law School, where he specializes in trusts and estates. He previously served as professor of law at New York University School of Law and Northwestern University School of Law.
The Journal of Legal Studies is a law journal published by the University of Chicago Press focusing on interdisciplinary academic research in law and legal institutions.
The University of Chicago Law Review is the flagship law journal published by the University of Chicago Law School. It is among the top five most cited law reviews in the world. Up until 2020, it utilized a different citation system than most law journals—the Maroonbook rather than the Bluebook. The Law Review has announced, however, that it will be switching to the more commonly used Bluebook. It is published quarterly in print and also has an online companion, The University of Chicago Law Review Online.
The American Law and Economics Association (ALEA), a United States organization founded in 1991, is focused on the advancement of economic understanding of law, and related areas of public policy and regulation. It promotes research in law and economics. The organization's official journal is the American Law and Economics Review, established in 1999.
Richard Allen Posner is an American legal scholar who served as a federal appellate judge on the U.S. Court of Appeals for the Seventh Circuit from 1981 to 2017. A senior lecturer at the University of Chicago Law School, Posner is a leading figure in the field of law and economics, and was identified by The Journal of Legal Studies as the most-cited legal scholar of the 20th century. He is widely considered to be one of the most influential legal scholars in the United States.
Ariel Porat is the president of Tel Aviv University (TAU), a full professor and former dean at TAU's Buchmann Faculty of Law. Until his appointment as president, he was a distinguished visiting professor of law at the University of Chicago Law School. He is a member of the Israel Academy of Sciences and Humanities, incumbent of the Alain Poher Chair in Private Law at TAU, and recipient of The EMET Prize for Art, Science and Culture for Legal Research.
Jennifer Nou is an American legal scholar who is currently a professor of law at the University of Chicago Law School and a senior advisor in the federal Office of Information and Regulatory Affairs (OIRA). She writes and teaches in the areas of administrative law, regulatory policy and constitutional law.
Edward R. Morrison is an American legal scholar who is currently the Charles Evans Gerber Professor of Law at Columbia Law School. He previously taught at the University of Chicago Law School. He is a leading scholar of bankruptcy and law and economics.
