Calabresi and the Intellectual History of Law and Economics
Keith N. Hylton
May 17, 2004
Boston Univ. School of Law Working Paper No. 04-04
This essay traces the vein of thought represented by Calabresi's "The Costs of Accidents", both backward in time to examine its sources, and forward to its impact on current scholarship. I focus on three broad topics: positive versus normative law and economics, positivist versus anti-positivist thinking in law, and the assumption of rationality in law and economics.
Number of Pages in PDF File: 20
Keywords: economic analysis of law, rationality, legal positivism, normative economics, positive economics, utilitarianism, instrumentalism, behavioral economics, optimal deterrence
JEL Classification: B29, K11, K14, K19, K49working papers series
Date posted: May 18, 2004
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