The John M. Olin Center
Paper Abstract
251. L. Kaplow and S. Shavell, Economic Analysis of Law, 2/99; subsequently published in Handbook of Public Economics, A.J. Auerbach and M. Feldstein, eds. (Amsterdam, New York: Elsevier, 2002), Vol 3, Chap. 25, 1661-1784.
Abstract: This is a survey of the field of economic analysis of law, focusing on the work of economists. The survey covers the three central areas of civil law - liability for accidents (tort law), property law, and contracts - as well as the litigation process and public enforcement of law.