This important new work brings a fresh and carefully elaborated theory of the literary work of art to the current rediscovery of the reader--that of the concept, based on the transactional point of view, of the two-way process involved in eliciting a literary work of art from a text. Dr. Rosenblatt draws on her long experience as a scholar and teacher of English and Comparative Literature. Amply illustrating her theoretical points, she provides contrasting interpretations of a number of varied texts, discusses other critical approaches, and makes reference to recent philosophical developments.