Abstract

http://ssrn.com/abstract=458701
 
 

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The Economics of Tort Law: A Precis


Giuseppe Dari-Mattiacci


University of Amsterdam - Amsterdam Center for Law and Economics (ACLE); Tinbergen Institute

Francesco Parisi


University of Minnesota - Law School; University of Bologna


THE ELGAR COMPANION TO LAW AND ECONOMICS (2nd ed.), Edward Elgar Publishing, 2006
George Mason Law & Economics Research Paper No. 03-49

Abstract:     
Economic analysis has long been employed for the study of tort liability. This paper revisits the main contributions to the subject emphasizing the inherent impossibility for tort liability to set perfectly efficient first-best incentives to take precaution for all parties to an accident and the need to choose among second best outcomes. The paper provides a pathfinder through the literature in various areas of tort law and economics.

Number of Pages in PDF File: 27

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Date posted: October 16, 2003  

Suggested Citation

Dari-Mattiacci, Giuseppe and Parisi, Francesco, The Economics of Tort Law: A Precis. THE ELGAR COMPANION TO LAW AND ECONOMICS (2nd ed.), Edward Elgar Publishing, 2006; George Mason Law & Economics Research Paper No. 03-49. Available at SSRN: http://ssrn.com/abstract=458701 or http://dx.doi.org/10.2139/ssrn.458701

Contact Information

Giuseppe Dari-Mattiacci
University of Amsterdam - Amsterdam Center for Law and Economics (ACLE) ( email )
Roeterstraat 11
Amsterdam, 1018WB
Netherlands
HOME PAGE: http://darimattiacci.acle.nl
Tinbergen Institute
Roetersstraat 31
Amsterdam, 1018 WB
Netherlands
HOME PAGE: http://scholar.google.com/citations?user=AuUfjxUAAAAJ&hl=en
Francesco Parisi (Contact Author)
University of Minnesota - Law School ( email )
229 19th Avenue South
Minneapolis, MN 55455
United States
University of Bologna ( email )
Piazza Scaravilli 1
40126 Bologna, fc 47100
Italy
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