Tort Law and Economics

Utrecht University Working Paper

47 Pages Posted: 11 Feb 2003 Last revised: 4 May 2011

Giuseppe Dari‐Mattiacci

Amsterdam Law School; Amsterdam Business School; Tinbergen Institute

Date Written: Feb 11, 2003

Abstract

Tort law has been one of the first fields of law to be analysed from an economic point of view. After the early works by Calabresi (1961) and Trimarchi (1959a, 1959b, 1961) most scholars have devoted their efforts to studying the economics of tort law. Noteworthy are the books by Calabresi (1970), Shavell (1987), Landes and Posner (1987), Miceli (1997) and some well-known books on Law and Economics by Polinsky (1989), Posner (1998), Kaplow and Shavell (2002), Cooter and Ulen (2000). In this chapter I will give a survey of the main results obtained over time.

Keywords: Tort, damage, compensation, liability, fault, negligence, precaution, care, activity level, risk

JEL Classification: K13

Suggested Citation

Dari‐Mattiacci, Giuseppe, Tort Law and Economics (Feb 11, 2003). Utrecht University Working Paper. Available at SSRN: https://ssrn.com/abstract=347801 or http://dx.doi.org/10.2139/ssrn.347801

Amsterdam Business School ( email )

Roetersstraat 18
Amsterdam, 1018WB
Netherlands

Tinbergen Institute

Gustav Mahlerplein 117
Amsterdam, 1082 MS
Netherlands

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