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Economic Analysis of Accident Law PDF

321 Pages·2007·16.07 MB·English
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Copyright © The President and Fellows of Harvard College Copyright © The President and Fellows of Harvard College Copyright © The President and Fellows of Harvard College To my parents, Lillian and Henry Copyright © 1987 by the President and Fellows of Harvard College All rights reserved Printed in the United States of America First Harvard University Press paperback edition, 2007 Library of Congress Cataloging in Publication Data Shavell, Steven, 1946– Economic analysis of accident law. Bibliography: p. Includes index. ISBN-13 978-0-674-22525-1 (cloth: alk. paper) ISBN-10 0-674-22525-2 (cloth: alk. paper) ISBN-13 978-0-674-02417-5 (pbk.) ISBN-10 0-674-02417-6 (pbk.) 1. Torts—Economic aspects—United States. I. Title. KF1251.S53 1987 346.7303 86-29498 347.3063 Copyright © The President and Fellows of Harvard College Copyright © The President and Fellows of Harvard College Copyright © The President and Fellows of Harvard College Copyright © The President and Fellows of Harvard College Copyright © The President and Fellows of Harvard College Copyright © The President and Fellows of Harvard College

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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 g
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