Economic Analysis of Accident Law

Steven Shavell

Published by Harvard University Press 1987

Economic Analysis of Accident Law

Steven Shavell

https://doi.org/10.4159/9780674043510

Overview
Contents

About this book

Accident law, if properly designed, is capable of reducing the incidence of mishaps by making people act more cautiously. Since the 1960s, a group of legal scholars and economists have focused on identifying the effects of accident law on people's behavior. Steven Shavell’s book is the definitive synthesis of research to date in this new field.

Reviews

A lucid, up-to-date survey of the economics of accident law.
-- Roger Bowles Economic Journal

[This] is certainly a masterpiece.
-- Thomas S. Ulen Journal of Economic Literature

Steven Shavell is one of the leading practitioners of economic analysis of law; his book is a clear and careful discussion of what we currently know about the economic analysis of accident law.
-- David Friedman Journal of Political Economy

The strength of Shavell's book is its lucid, structured development and explication of the economic model. It represents the best systematic presentation of the relevance of economic argument for issues of risk allocation...Together [with William M. Landes and Richard A. Posner's The Economic Structure of Tort Law] they constitute the most comprehensive defense of the economic analysis of tort law currently available, and are strongly recommended accordingly.
-- Jules L. Coleman Yale Law Journal

Steven Shavell...[has] drawn upon [his] previous path-breaking work to issue [one of] the most important books in the law and economics of tort law since the release in 1970 of Guido Calabresi's The Costs of Accidents...The work is a masterful tribute to the power of economic modelling and the use of optimization techniques...I, for one, was immensely impressed by the richness of the insights that Shavell's theoretical approach provided into the fundamental issues of tort law...Shavell's analysis is conducted with intellectual rigor and sophistication.
-- John J. Donohue III Harvard Law Review

For anyone wanting to learn where we stand concerning economic analysis of accident law, Shavell's book provides an authoritative and fairly comprehensive summary of the state of the art.
-- Michelle J. White Michigan Law Review

Topics

Frontmatter Publicly Available Download PDF	i
Preface Requires Authentication Unlicensed Licensed Download PDF	vii
Contents Publicly Available Download PDF	ix
1. Introduction Requires Authentication Unlicensed Licensed Download PDF	1
2. Liability and Deterrence: Basic Theory Requires Authentication Unlicensed Licensed Download PDF	5
3. Liability of Firms Requires Authentication Unlicensed Licensed Download PDF	47
4. Factors Bearing on the Determination of Negligence Requires Authentication Unlicensed Licensed Download PDF	73
5. Causation and the Scope of Liability Requires Authentication Unlicensed Licensed Download PDF	105
6. The Magnitude of Liability: Damages Requires Authentication Unlicensed Licensed Download PDF	127
7. Other Topics in Liability Requires Authentication Unlicensed Licensed Download PDF	164
8. The Allocation of Risk and the Theory of Insurance Requires Authentication Unlicensed Licensed Download PDF	186
9. Liability, Risk-bearing, and Insurance: Basic Theory Requires Authentication Unlicensed Licensed Download PDF	206
10. Liability, Risk-bearing, and Insurance: Extensions to the Basic Theory Requires Authentication Unlicensed Licensed Download PDF	228
11. Liability and Administrative Costs Requires Authentication Unlicensed Licensed Download PDF	262
12. Liability versus Other Approaches to the Control of Risk Requires Authentication Unlicensed Licensed Download PDF	277
13. Critical Comments Requires Authentication Unlicensed Licensed Download PDF	291
References Requires Authentication Unlicensed Licensed Download PDF	301
Index Requires Authentication Unlicensed Licensed Download PDF	309

Language: English
Publisher: Harvard University Press
Audience: Professional and scholarly;
Pages
- Main content: 320

eBook

Published: July 1, 2009
ISBN: 9780674043510