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The Economic Structure of Tort Law

The Economic Structure of Tort Law PDF Author: William M. Landes
Publisher: Harvard University Press
ISBN: 9780674230514
Category : Business & Economics
Languages : en
Pages : 356

Book Description
Written by a lawyer and an economist, this is the first full-length economic study of tort law--the body of law that governs liability for accidents and for intentional wrongs such as battery and defamation. Landes and Posner propose that tort law is best understood as a system for achieving an efficient allocation of resources to safety--that, on the whole, rules and doctrines of tort law encourage the optimal investment in safety by potential injurers and potential victims. The book contains both a comprehensive description of the major doctrines of tort law and a series of formal economic models used to explore the economic properties of these doctrines. All the formal models are translated into simple commonsense terms so that the "math less" reader can follow the text without difficulty; legal jargon is also avoided, for the sake of economists and other readers not trained in the law. Although the primary focus is on explaining existing doctrines rather than on exploring their implementation by juries, insurance adjusters, and other "real world" actors, the book has obvious pertinence to the ongoing controversies over damage awards, insurance rates and availability, and reform of tort law-in fact it is an essential prerequisite to sound reform. Among other timely topics, the authors discuss punitive damage awards in products liability cases, the evolution of products liability law, and the problem of liability for "mass disaster" torts, such as might be produced by a nuclear accident. More generally, this book is an important contribution to the "law and economics" movement, the most exciting and controversial development in modern legal education and scholarship, and will become an obligatory reference for all who are concerned with the study of tort law.

The Economic Structure of Tort Law

The Economic Structure of Tort Law PDF Author: William M. Landes
Publisher: Harvard University Press
ISBN: 9780674230514
Category : Business & Economics
Languages : en
Pages : 356

Book Description
Written by a lawyer and an economist, this is the first full-length economic study of tort law--the body of law that governs liability for accidents and for intentional wrongs such as battery and defamation. Landes and Posner propose that tort law is best understood as a system for achieving an efficient allocation of resources to safety--that, on the whole, rules and doctrines of tort law encourage the optimal investment in safety by potential injurers and potential victims. The book contains both a comprehensive description of the major doctrines of tort law and a series of formal economic models used to explore the economic properties of these doctrines. All the formal models are translated into simple commonsense terms so that the "math less" reader can follow the text without difficulty; legal jargon is also avoided, for the sake of economists and other readers not trained in the law. Although the primary focus is on explaining existing doctrines rather than on exploring their implementation by juries, insurance adjusters, and other "real world" actors, the book has obvious pertinence to the ongoing controversies over damage awards, insurance rates and availability, and reform of tort law-in fact it is an essential prerequisite to sound reform. Among other timely topics, the authors discuss punitive damage awards in products liability cases, the evolution of products liability law, and the problem of liability for "mass disaster" torts, such as might be produced by a nuclear accident. More generally, this book is an important contribution to the "law and economics" movement, the most exciting and controversial development in modern legal education and scholarship, and will become an obligatory reference for all who are concerned with the study of tort law.

Cases and Materials on Torts

Cases and Materials on Torts PDF Author: Richard A. Epstein
Publisher: Aspen Publishing
ISBN:
Category : Law
Languages : en
Pages : 800

Book Description
Buy a new version of this textbook and receive access to the Connected eBook with Study Center on Casebook Connect, including lifetime access to the online ebook with highlight, annotation, and search capabilities. Access also includes practice questions, an outline tool, and other helpful resources. Connected eBooks provide what you need most to be successful in your law school classes. Concise yet comprehensive Torts Casebook gives 1Ls a solid foundation in the historical evolution of doctrine and social and economic theory to apply to contemporary issues facing courts. Cases and Materials on Torts preserves historical and conceptual continuity between the present and the past, while addressing the most significant contemporary controversy in fast-moving areas like public nuisance, global warming, products liability, and new litigation against internet providers. Towards our dual ends, the Thirteenth Edition retains the great older cases, both English and American, that have proved themselves time and again in the classroom, and which continue to exert great influence on the modern law. This book also provides a rich exploration of the dominant corrective justice and deterrence (or prevention of harm) approaches to tort law, as exemplified both in the retained and new cases and materials. New to the Thirteenth Edition: ● Developments at the cutting edge of public nuisance law, including the opioids crisis, global warming, and the sale of guns. ● Expanded consideration of the duties of online platforms, as illustrated by vicarious liability against Uber; products liability against Snapchat for defective algorithmic design and against Amazon for sale of defective goods; and novel claims of affirmative duties to rescue on Facebook and rideshare companies. ● Developments in drug litigation, including duties to report adverse events to regulators post-approval and “innovator liability” on brand-name manufacturers for failure to warn by generic manufacturers. ● Recent transformations in setting of compensatory damage awards, with the addition of draft materials of the Restatement (Third) of Torts: Remedies, including matters relating to race and gender. ● A more streamlined casebook appropriate for a comprehensive 1L Torts course. Professors and students will benefit from: ● Clear organizational framework of the book ● Important historical lines of cases that help understand legal reasoning and the evolution of precedent ● Inclusion of key academic commentary and elaboration of central intellectual disputes over the nature and function of the tort law ● Extensive notes with topic headlines that elaborate basic concepts through relevant cases, both old and new, that help shape the most complex contemporary issues facing courts ● Great attention given to cutting edge tort developments

Tort Law and Economics

Tort Law and Economics PDF Author: Michael Faure
Publisher: Edward Elgar Publishing
ISBN: 1848447302
Category : Law
Languages : en
Pages : 565

Book Description
The central goal of this book is to provide a state-of-the-art overview of the literature with respect to the economic analysis of tort law. It sure meets the challenge, offering with great expertise a comprehensive presentation of tort law in both economic and comparative perspectives. The clarity of the text, unusual in the law and economics literature, makes the book accessible to a broad readership of economists with a limited legal background and lawyers with limited economic skills. Olivier Moreteau, Louisiana State University, US Tort Law and Economics, ed. Michael Faure, provides a highly useful economic overview of the most important topics of tort law. The authors clearly show the main developments of the discussion, examining the results of recent studies and stating their own opinions. Detailed bibliographies are included. The volume has to be warmly recommended to friends and foes of economic analysis who are provided with a comprehensive update in this field while also indicating areas which critics have to focus on. Helmut Koziol, European Centre of Tort and Insurance Law, Austria This volume provides a state-of-the-art overview of the literature on the economic analysis of tort law. In sixteen chapters, the specialist authors guide the reader through the often vast literature in each domain providing a balanced and comprehensive summary. Particular attention is paid to the evolution of the field, further refinements to economic models and relevant conclusions and lessons for the policymaker. Tort Law and Economics is part of the Encyclopedia of Law and Economics, and enables readers, some not familiar with law and economics, to obtain an insight in the relevant economic literature concerning tort law and economics. This book will be of interest to lawyers and economists, practitioners and academics interested in accident law, tort law, insurance and regulation. It will also appeal to students in economic analysis of law and policymakers working on prevention of accidents, tort law or compensation of accident victims.

Research Handbook on the Economics of Torts

Research Handbook on the Economics of Torts PDF Author: Jennifer Arlen
Publisher: Edward Elgar Publishing
ISBN: 1781006172
Category : Law
Languages : en
Pages : 668

Book Description
Focusing on issues of vital importance to those seeking to understand and reform the tort system, this volume takes a multi-disciplinary approach, including theoretical economic analysis, empirical analysis, socio-economic analysis, and behavioral anal

Causation in European Tort Law

Causation in European Tort Law PDF Author: Marta Infantino
Publisher: Cambridge University Press
ISBN: 1108418368
Category : Law
Languages : en
Pages : 785

Book Description
This book takes an original and comparative approach to issues of causation in tort law across many European legal systems.

Golden Rules

Golden Rules PDF Author: Mark Kanazawa
Publisher: University of Chicago Press
ISBN: 022625867X
Category : Business & Economics
Languages : en
Pages : 370

Book Description
Water supply is an extremely contentious resource issue in California and the West. The framework currently used to resolve these issues, however, is based on the legal system that arose in response to the 1849 Gold Rush, and on which California and other Western states modeled their laws. In "Golden Rules: The Origins of California Water Law in the Gold Rush," Mark Kanazawa mines a vast cache of previously untapped historical sources both to tell the story of California s water laws and to shed light on how institutions and economies develop in relation to each other. The Gold Rush was a massive shock to the California economy and provides a unique opportunity in which to observe largely unfettered economic and cultural forces giving rise to rapid and dramatic changes in laws. Kanazawa draws on the latest scholarship in law and economics, property law, and new institutional economics, in combination with a great deal of evidence, to describe and interpret the water law doctrine that emerged from 1850s California. Seen through the lens of water development and property law, "Golden Rules" provides a coherent framework within which to understand much of what is observed in terms of institutional developments, and the activities governed by those, during the Gold Rush."

Cases and Materials on Torts

Cases and Materials on Torts PDF Author: Richard Allen Epstein
Publisher: Aspen Publishers
ISBN:
Category : Law
Languages : en
Pages : 1502

Book Description
This casebook best integrates modern scholarship and historical background with Richard Epstein's CASES AND MATERIALS ON TORTS. Scrupulously revised and updated, this notable casebook continues to provide an exceptionally strong exploration of tort law in this streamlined Seventh Edition. When you examine the book, you'll discover the exceptional quality and clarity longtime users expect from Epstein: an engaging presentation and provocative viewpoint that fuel class discussion. a traditional approach that begins with intentional torts and integrates cases with modern scholarship on moral theory, law and economics, and salient policy questions. an outstanding case selection that blends the classic And The current to best illuminate doctrine. a thoughtful examination that considers the processes of legal method, legal reasoning, And The impact of legal rules on social institutions. a historical background that traces the development of tort law To The present day and exposes students to different intellectual approaches employed to interpret tort law. Changes to CASES AND MATERIALS ON TORTS for this edition include: new cases that demonstrate specific points of law chapters on Products Liability and Defamation revised for increased accessibility new coverage of Scientific Proof in tort law a reorganized chapter on Joint and Several Liability that responds to user feedback

The Oxford Handbook of Law and Economics

The Oxford Handbook of Law and Economics PDF Author: Francesco Parisi
Publisher: Oxford University Press
ISBN: 0191507237
Category : Business & Economics
Languages : en
Pages : 613

Book Description
Covering over one-hundred topics on issues ranging from Law and Neuroeconomics to European Union Law and Economics to Feminist Theory and Law and Economics, The Oxford Handbook of Law and Economics is the definitive work in the field of law and economics. The book gathers together scholars and experts in law and economics to create the most inclusive and current work on law and economics. Edited by Francisco Parisi, the Handbook looks at the origins of the field of law and economics, tracks its progression and increased importance to both law and economics, and looks to the future of the field and its continued development by examining a cornucopia of fields touched by work in law and economics. The uniqueness of its breadth, depth, and convenience make the volume essential to scholars, students, and contributors in the field of law and economics.

Economic Analysis of Accident Law

Economic Analysis of Accident Law PDF Author: Steven Shavell
Publisher: Harvard University Press
ISBN: 9780674043510
Category : Law
Languages : en
Pages : 324

Book Description
Accident law, if properly designed, is capable of reducing the incidence of mishaps by making people act more cautiously. Scholarly writing on this branch of law traditionally has been concerned with examining the law for consistency with felt notions of right and duty. Since the 1960s, however, 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.

The Economic Analysis of Civil Law

The Economic Analysis of Civil Law PDF Author: Schäfer, Hans-Bernd
Publisher: Edward Elgar Publishing
ISBN: 0857935070
Category : Law
Languages : en
Pages : 648

Book Description
This comprehensive textbook provides a thorough guide to the economic analysis of law, with a particular focus on civil law systems. It encapsulates a structured analysis and nuanced evaluation of norms and legal policies, using the tools of economic theory.