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Property Rules and Liability RulesMichael I. KraussGeorge Mason University School of Law International Encyclopedia of Law and Economics Abstract: This paper presents a summary, including a discussion of the jurisprudential implications, of the literature spawned by the seminal article by Calabresi and Melamed on Property and Liability Rules.
JEL Classification: K1 Accepted Paper SeriesDate posted: March 25, 1999Suggested CitationContact Information
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