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Economic Analysis of Law
A. Mitchell Polinsky Stanford Law School; National Bureau of Economic Research (NBER) Steven Shavell Harvard Law School; National Bureau of Economic Research (NBER) November 2005 Stanford Law and Economics Olin Working Paper No. 316 Harvard Law and Economics Discussion Paper No. 536 Abstract: This entry for the forthcoming The New Palgrave Dictionary of Economics (Second Edition) surveys the economic analysis of five primary fields of law: property law; liability for accidents; contract law; litigation; and public enforcement and criminal law. It also briefly considers some criticisms of the economic analysis of law.
Keywords: law and economics, property law, liability for accidents, contract law, litigation, public enforcement, criminal law JEL Classifications: D23, J28, K11, K12, K13, K14, K32, K41, K42, P14 Working Paper SeriesDate posted: November 29, 2005 ; Last revised: February 07, 2007Suggested CitationContact Information
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