Log In

William Martin Landes Edit Profile

Law educator

William Martin LANDES, economist in the field of Industrial Organisation; Economics of Crime; Law and Economics. President's Fellow, Columbia University, 1962-1963; Ford Foundation Doctoral Dissertation Fellow, 1963-1964; IBM Watson Fellow,5; Ansley Award Nomination, Columbia University, 1966.


Landes, William M. was born in 1939 in. AB, Columbia University, 1960, Doctor of Philosophy in Economics, 1966. Assistant professor economics Stanford University, 1965-1966.


AB, Columbia University, 1960. Doctor of Philosophy in Economics, Columbia University, 1966.


Assistant Professor, Stanford University, 1965-1966. Assistant Professor, University Chicago, 1966-1969. Association Professor, Columbia University, 1969-1972.

Association Professor, City University New York, Graduate Center, 1972-1974. Research Staff, National Bureau of Economie Research, New York, New York, United States of America, since 1966. Clifton R. Musser Professor of Economics, University Chicago Law School, since 1974.

Founder, Lexecon Incorporated, Chicago, Illinois, since 1974. Editor, Journal of Law and Economics, since 1975.


  • President's Fellow, Columbia University, 1962-1963. Ford Foundation Doctoral Dissertation Fellow, 1963-1964. IBM Watson Fellow,5.

    Ansley Award Nomination, Columbia University, 1966.



The application of economic theory and quantitative methods of law. Early work concerned the impact of laws (e.g. fair employment laws) and legal institutions (e.g. courts) on behaviour. More recently, developed models to test the hypothesis that common law rules in torts, contracts and property are best explained as efforts by courts to promote efficient resource allocation.


Board directors Smart Museum Art, Chicago. Fellow: American Academy Arts and Sciences. Member: American Law and Economic Association (vice president 1991-1992, president 1992-1993), American Economic Association, Mont Pelerin Society.