Calabresi and the Intellectual History of Law and Economics

Hylton, Keith N.

doi:10.2139/ssrn.547082

Abstract

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Calabresi and the Intellectual History of Law and Economics

Keith N. Hylton

Boston University

May 17, 2004

Boston Univ. School of Law Working Paper No. 04-04

Abstract:
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, K49

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Date posted: May 18, 2004

Suggested Citation

Hylton, Keith N., Calabresi and the Intellectual History of Law and Economics (May 17, 2004). Boston Univ. School of Law Working Paper No. 04-04. Available at SSRN: http://ssrn.com/abstract=547082 or http://dx.doi.org/10.2139/ssrn.547082

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Keith N. Hylton (Contact Author)

Boston University ( email )

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