The Economic Structure of Tort Law |
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| Author:
| Landes, William M.
Posner, Richard A. |
| ISBN: | 978-0-674-86403-0 |
| Publication Date: | Oct 2013 |
| Publisher: | Harvard University Press
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| Book Format: | Ebook |
| List Price: | USD $65.00 |
Book Description:
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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.
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.