Tort Law and Economics
University of Amsterdam - Amsterdam Center for Law & Economics (ACLE); Tinbergen Institute
Feb 11, 2003
Utrecht University Working Paper
Tort law has been one of the first fields of law to be analysed from an economic point of view. After the early works by Calabresi (1961) and Trimarchi (1959a, 1959b, 1961) most scholars have devoted their efforts to studying the economics of tort law. Noteworthy are the books by Calabresi (1970), Shavell (1987), Landes and Posner (1987), Miceli (1997) and some well-known books on Law and Economics by Polinsky (1989), Posner (1998), Kaplow and Shavell (2002), Cooter and Ulen (2000). In this chapter I will give a survey of the main results obtained over time.
Number of Pages in PDF File: 47
Keywords: Tort, damage, compensation, liability, fault, negligence, precaution, care, activity level, risk
JEL Classification: K13
Date posted: February 11, 2003 ; Last revised: May 4, 2011
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