Tort Law and Economics (Encyclopedia of Law and Economics, Second Edition, 1)

This volume provides a state of the art overview of the literature on the economic analysis of tort law. The 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 literature, further refinements to economic models and relevant conclusions and lessons for the policy maker. Title Page ......Page 4 Copyright......Page 5 Contents......Page 6 Contributors......Page 18 Abbreviations......Page 19 General introduction......Page 22 PART I EFFICIENT LIABILITY RULES......Page 44 1 Strict liability versus negligence......Page 46 2 Contributory and comparative negligence in the law and economics literature......Page 89 PART II CAUSATION AND MULTIPLE TORTFEASORS......Page 124 3 Causation and foreseeability......Page 126 4 Joint and several liability......Page 152 5 Vicarious and corporate civil liability......Page 177 PART III DAMAGES......Page 194 6 Tort damages......Page 196 7 Pure economic loss......Page 244 8 Non pecuniary losses......Page 258 9 Punitive damages......Page 271 PART IV SPECIFIC CASES......Page 288 10 Environmental liability......Page 290 11 Products liability......Page 330 12 Medical malpractice......Page 384 PART V ALTERNATIVE COMPENSATION SYSTEMS......Page 418 13 Tort law and liability insurance......Page 420 14 No-fault compensation systems......Page 449 PART VI OTHER PERSPECTIVES ON TORT LAW......Page 476 15 Harmonizing tort law: a comparative tortlaw and economics analysis......Page 478 PART VII EMPIRICS......Page 494 16 Empirics of tort......Page 496 Index......Page 542 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. Provides an overview of the literature on the economic analysis of tort law. This work focuses on the evolution of the literature, further refinements to economic models and relevant conclusions and lessons for the policy maker Edited By Michael Faure. Includes Bibliographical References And Index.