The economics of U.S. tort liability
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The economics of U.S. tort liability a primer

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Published by Congress of the U.S., Congressional Budget Office, For sale by the Supt. of Docs., U.S. G.P.O. in Washington, DC .
Written in


  • Torts -- Economic aspects -- United States,
  • Liability (Law) -- United States,
  • Compensation (Law) -- United States,
  • Damages -- United States

Book details:

Edition Notes

Other titlesEconomics of US tort liability, Economics of United States tort liability
SeriesA CBO study
ContributionsUnited States. Congressional Budget Office
The Physical Object
Paginationxii, 33 p. ;
Number of Pages33
ID Numbers
Open LibraryOL17102477M
ISBN 100160515122

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Harvard University Press, - Business & Economics - pages 0 Reviews Written by a lawyer and an economist, this is the first full-length economic study of tort law--the body of law that. This report presents an economic perspective on tort liability in an attempt to clarify the policy options and issues surrounding the tort system. The table of contents lists the following chapter and topic headings: 1. Introduction; 2. An Overview of the U.S. Tort System - The Expansion of Tort Liability in the United States, Characteristics of the Tort System Today; 3.   This book looks at the negligence concept of tort law and studies the efficiency issue arising from the determination of negligence. It does so by scrutinizing actual court decisions from three common law jurisdictions – Britain, India and the United States of America. The book contains both a comprehensive description of the major doctrines of tort law and a series of formal economic models used to explore the economic properties of these doctrines. All the formal models are translated into simple commonsense terms so that the "math less" reader can follow the text without difficulty; legal jargon is also Reviews: 1.

Written by a lawyer and an economist, this is the first full-length economic study of tort law—the body of law that governs liability for accidents and for intentional wrongs such as battery and defamation. with Landes and Posner's book, defines the economic theory of tort law and the points from which future advances in the field must begin. The first seven chapters explain the premises of an economic investigation of tort law and the basic economic theory of tort liability. The remaining chapters are divided into two sec-. Restatement Second, Torts, to Restatement Third, Torts: Liability for Economic Harm. Table of Statutes Table of Cases Index FGM – ISBN – In the Restatement tradition, this volume combines clear black-letter provisions with extensive explanatory Comments, clarifying Illustrations, and detailed Reporter’s Notes. An Economic Model of Tort Law This chapter introduces the economic model of tort, or accident, law. It describes the elements of a tort case, and develops the standard economic model of accidents: the model of precaution. It then uses that model to examine various doctrines of tort law.

vi THE ECONOMICS OF U.S. TORT LIABILITY: A PRIMER Tables 1. Characteristics of Tort Cases Decided by Trial in State and Federal Courts, 8 2. Summary of Major Tort Liability Standards 12 3. The Primary Effects of Some Broad Options for Tort Reform   The interaction between tort law and liability insurance is a complex problem that is difficult to deal with. This article provides a broad overview by distinguishing two approaches or models of the tort/insurance interface. One is the Deterrence Model in which tort law takes the leading role, whereas insurance is an auxiliary, and at times problematic, device. Genre/Form: Trials, litigation, etc Cases: Additional Physical Format: Online version: Barnes, David W. Economic analysis of tort law. St. Paul, Minn.: West Pub.,   The book examines the tort of negligence including chapters on the basic principles of duty of care, omissions and acts of third parties, the liability of public bodies, psychiatric harm, economic loss, breach of duty, causation and remoteness of damage and defences. It goes on to consider three special liability regimes—occupiers.