Foundations of Economic Analysis of Law

Steven Shavell

    Preface

    1. Introduction

    Part I. Property Law

    2. Definition, Justification, and Emergence of Property Rights

    3. Division of Property Rights

    4. Acquisition and Transfer of Property

    5. Conflict and Cooperation in the Use of Property: The Problem of Externalities

    6. Public Property

    7. Property Rights in Information

    Part II. Accident Law

    8. Liability and Deterrence: Basic Theory

    9. Liability and Deterrence: Firms

    10. Extensions of the Analysis of Deterrence

    11. Liability, Risk-Bearing, and Insurance

    12. Liability and Administrative Costs

    Part III. Contract Law

    13. Overview of Contracts

    14. Contract Formation

    15. Production Contracts

    16. Other Types of Contract

    Part IV. Litigation and the Legal Process

    17. Basic Theory of Litigation

    18. Extensions of the Basic Theory

    19. General Topics on the Legal Process

    Part V. Public Law Enforcement and Criminal Law

    20. Deterrence with Monetary Sanctions

    21. Deterrence with Nonmonetary Sanctions

    22. Extensions of the Theory of Deterrence

    23. Incapacitation, Rehabilitation, and Retribution

    24. Criminal Law

    Part VI. General Structure of the Law

    25. The General Structure of the Law and Its Optimality

    Part VII. Welfare Economics, Morality, and the Law

    26. Welfare Economics and Morality

    27. Implications for the Analysis of Law

    28. Income Distributional Equity and the Law

    29. Concluding Observations

    References

    Author Index

    Subject Index

  • Cover: Foundations of Economic Analysis of Law
  • A photo of the author

Steven Shavell is Samuel R. Rosenthal Professor of Law at Harvard Law School.