International Encyclopedia of Law and Economics
Posted: 25 Mar 1999
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: Suggested Citation
Krauss, Michael I., Property Rules and Liability Rules. International Encyclopedia of Law and Economics. Available at SSRN: https://ssrn.com/abstract=151791