Property Rules and Liability Rules

International Encyclopedia of Law and Economics

Posted: 25 Mar 1999  

Michael I. Krauss

George Mason University School of Law

Abstract

This paper presents a summary, including a discussion of the jurisprudential implications, of the literature spawned by the seminal article by Calabresi and Melamed on Property and Liability Rules.

JEL Classification: K1

Suggested Citation

Krauss, Michael I., Property Rules and Liability Rules. International Encyclopedia of Law and Economics. Available at SSRN: https://ssrn.com/abstract=151791

Michael I. Krauss (Contact Author)

George Mason University School of Law ( email )

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