Economic Analysis of Law

42 Pages Posted: 29 Nov 2005  

A. Mitchell Polinsky

Stanford Law School; National Bureau of Economic Research (NBER)

Steven Shavell

Harvard Law School; National Bureau of Economic Research (NBER)

Date Written: November 2005

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 Classification: D23, J28, K11, K12, K13, K14, K32, K41, K42, P14

Suggested Citation

Polinsky, A. Mitchell and Shavell, Steven, Economic Analysis of Law (November 2005). ; Harvard Law and Economics Discussion Paper No. 536. Available at SSRN: https://ssrn.com/abstract=859406 or http://dx.doi.org/10.2139/ssrn.859406

A. Mitchell Polinsky (Contact Author)

Stanford Law School ( email )

559 Nathan Abbott Way
Stanford, CA 94305-8610
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650-723-0886 (Phone)
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National Bureau of Economic Research (NBER)

1050 Massachusetts Avenue
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Steven Shavell

National Bureau of Economic Research (NBER)

1050 Massachusetts Avenue
Cambridge, MA 02138
United States

Harvard Law School ( email )

1575 Massachusetts
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Cambridge, MA 02138
United States
617-495-3668 (Phone)
617-496-2256 (Fax)

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