The Costs of Accidents: A Legal and Economic Analysis

E696330

The Costs of Accidents: A Legal and Economic Analysis is a foundational 1970 work in law and economics that systematically examines how legal rules can be structured to minimize the social costs of accidents.

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Predicate Object
instanceOf book
law and economics book
academicDiscipline economics
law
analyzes negligence rules
no-fault systems
strict liability
associatedWithConcept cheapest cost avoider
optimal deterrence
associatedWithInstitution Yale Law School NERFINISHED
author Guido Calabresi NERFINISHED
citationType highly cited legal monograph
contribution integration of economic efficiency into tort analysis
systematic framework for evaluating accident law rules
countryOfOrigin United States of America
surface form: United States
describedAs classic in tort theory
foundational work in law and economics
field economic analysis of law
law and economics
tort law
focusesOn allocation of accident losses
comparison of liability regimes
optimal accident prevention
structuring legal rules to minimize accident costs
hasAuthorProfession judge
legal scholar
influenced development of law and economics
economic analysis of tort law
language English
mainTopic accident law
deterrence of accidents
efficiency in accident law
liability rules
risk allocation
social costs of accidents
proposes minimization of sum of accident costs and prevention costs
publicationYear 1970
publisher Yale University Press NERFINISHED
targetAudience economists
legal academics
policy makers
timePeriodCovered 20th century accident law
usedIn economic policy analysis
law school teaching
legal scholarship

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Guido Calabresi notableWork The Costs of Accidents: A Legal and Economic Analysis