Economic Analysis of Law

42 Pages Posted: 29 Nov 2005

See all articles by A. Mitchell Polinsky

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). Stanford Law and Economics Olin Working Paper No. 316, 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)

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Steven Shavell

Harvard Law School ( email )

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