Economic Analysis of the Law

Details

Author(s):
  • Mitchell Polinsky
Publish Date:
January 1, 2005
Publication Title:
Stanford Law and Economics Olin Working Paper, No. 316 / Harvard Law and Economics Discussion Paper, No. 536
Format:
Working Paper
Citation(s):
  • A. Mitchell Polinsky and Steven Shavell, Economic Analysis of the Law, Stanford Law and Economics Olin Working Paper, No. 316 / Harvard Law and Economics Discussion Paper, No. 536 (2005).

Abstract

This entry for The New Palgrave Dictionary of Economics (Second Edition) surveys the economic analysis of five primary fields of law: property law; liability for accidents; contract law; litigation; and public enforcement and criminal law. It also briefly considers some criticisms of the economic analysis of law.