BN.com Gift Guide

Economic Analysis Of Accident Law

Paperback (Print)
Used and New from Other Sellers
Used and New from Other Sellers
from $35.95
Usually ships in 1-2 business days
Other sellers (Paperback)
  • All (9) from $35.95   
  • New (7) from $35.95   
  • Used (2) from $49.92   

Overview

Accident law, if properly designed, is capable of reducing the incidence of mishaps by making people act more cautiously. Scholarly writing on this branch of law traditionally has been concerned with examining the law for consistency with felt notions of right and duty. Since the l960s, however, a group of legal scholars and economists have focused on identifying the effects of accident law on people's behavior. Steven Shavell's book is the definitive synthesis of research to date in this new field.

Shavell explains, systematically and rigorously, the major doctrines of accident law and shows how each can be analyzed and evaluated on the basis of models that predict the conduct of "rational" parties in the face of various incentives. Many of the issues he raises have heretofore received little attention, particularly the role of the insurance system and the way ownership of insurance alters behavior and the distribution of accident losses. Shavell also examines the costs of operating the liability system and looks at alternative methods of managing risk, such as governmental regulation of safety.

Unmatched in its comprehensiveness, this book will be relied on as a general reference and used as a framework for evaluating and reforming the current system of accident law. Economic Analysis of Accident Law is accessible to a wide audience: the text can be understood by students and scholars who have no specialized knowledge, and economists will benefit from the formal version of the text presented in mathematical appendixes following each chapter.

Read More Show Less

Editorial Reviews

Economic Journal

A lucid, up-to-date survey of the economics of accident law.
— Roger Bowles

Journal of Economic Literature

[This] is certainly a masterpiece.
— Thomas S. Ulen

Journal of Political Economy

Steven Shavell is one of the leading practitioners of economic analysis of law; his book is a clear and careful discussion of what we currently know about the economic analysis of accident law.
— David Friedman

Yale Law Journal

The strength of Shavell's book is its lucid, structured development and explication of the economic model. It represents the best systematic presentation of the relevance of economic argument for issues of risk allocation...Together [with William M. Landes and Richard A. Posner's The Economic Structure of Tort Law] they constitute the most comprehensive defense of the economic analysis of tort law currently available, and are strongly recommended accordingly.
— Jules L. Coleman

Harvard Law Review

Steven Shavell...[has] drawn upon [his] previous path-breaking work to issue [one of] the most important books in the law and economics of tort law since the release in 1970 of Guido Calabresi's The Costs of Accidents...The work is a masterful tribute to the power of economic modelling and the use of optimization techniques...I, for one, was immensely impressed by the richness of the insights that Shavell's theoretical approach provided into the fundamental issues of tort law...Shavell's analysis is conducted with intellectual rigor and sophistication.
— John J. Donohue III

Michigan Law Review

For anyone wanting to learn where we stand concerning economic analysis of accident law, Shavell's book provides an authoritative and fairly comprehensive summary of the state of the art.
— Michelle J. White

Economic Journal - Roger Bowles
A lucid, up-to-date survey of the economics of accident law.
Journal of Economic Literature - Thomas S. Ulen
[This] is certainly a masterpiece.
Journal of Political Economy - David Friedman
Steven Shavell is one of the leading practitioners of economic analysis of law; his book is a clear and careful discussion of what we currently know about the economic analysis of accident law.
Yale Law Journal - Jules L. Coleman
The strength of Shavell's book is its lucid, structured development and explication of the economic model. It represents the best systematic presentation of the relevance of economic argument for issues of risk allocation...Together [with William M. Landes and Richard A. Posner's The Economic Structure of Tort Law] they constitute the most comprehensive defense of the economic analysis of tort law currently available, and are strongly recommended accordingly.
Harvard Law Review - John J. Donohue III
Steven Shavell...[has] drawn upon [his] previous path-breaking work to issue [one of] the most important books in the law and economics of tort law since the release in 1970 of Guido Calabresi's The Costs of Accidents...The work is a masterful tribute to the power of economic modelling and the use of optimization techniques...I, for one, was immensely impressed by the richness of the insights that Shavell's theoretical approach provided into the fundamental issues of tort law...Shavell's analysis is conducted with intellectual rigor and sophistication.
Michigan Law Review - Michelle J. White
For anyone wanting to learn where we stand concerning economic analysis of accident law, Shavell's book provides an authoritative and fairly comprehensive summary of the state of the art.
Read More Show Less

Product Details

  • ISBN-13: 9780674024175
  • Publisher: Harvard University Press
  • Publication date: 3/1/2007
  • Edition description: New Edition
  • Pages: 324
  • Product dimensions: 0.68 (w) x 6.00 (h) x 9.00 (d)

Meet the Author

Steven Shavell is Samuel R. Rosenthal Professor of Law at Harvard Law School.
Read More Show Less

Customer Reviews

Be the first to write a review
( 0 )
Rating Distribution

5 Star

(0)

4 Star

(0)

3 Star

(0)

2 Star

(0)

1 Star

(0)

Your Rating:

Your Name: Create a Pen Name or

Barnes & Noble.com Review Rules

Our reader reviews allow you to share your comments on titles you liked, or didn't, with others. By submitting an online review, you are representing to Barnes & Noble.com that all information contained in your review is original and accurate in all respects, and that the submission of such content by you and the posting of such content by Barnes & Noble.com does not and will not violate the rights of any third party. Please follow the rules below to help ensure that your review can be posted.

Reviews by Our Customers Under the Age of 13

We highly value and respect everyone's opinion concerning the titles we offer. However, we cannot allow persons under the age of 13 to have accounts at BN.com or to post customer reviews. Please see our Terms of Use for more details.

What to exclude from your review:

Please do not write about reviews, commentary, or information posted on the product page. If you see any errors in the information on the product page, please send us an email.

Reviews should not contain any of the following:

  • - HTML tags, profanity, obscenities, vulgarities, or comments that defame anyone
  • - Time-sensitive information such as tour dates, signings, lectures, etc.
  • - Single-word reviews. Other people will read your review to discover why you liked or didn't like the title. Be descriptive.
  • - Comments focusing on the author or that may ruin the ending for others
  • - Phone numbers, addresses, URLs
  • - Pricing and availability information or alternative ordering information
  • - Advertisements or commercial solicitation

Reminder:

  • - By submitting a review, you grant to Barnes & Noble.com and its sublicensees the royalty-free, perpetual, irrevocable right and license to use the review in accordance with the Barnes & Noble.com Terms of Use.
  • - Barnes & Noble.com reserves the right not to post any review -- particularly those that do not follow the terms and conditions of these Rules. Barnes & Noble.com also reserves the right to remove any review at any time without notice.
  • - See Terms of Use for other conditions and disclaimers.
Search for Products You'd Like to Recommend

Recommend other products that relate to your review. Just search for them below and share!

Create a Pen Name

Your Pen Name is your unique identity on BN.com. It will appear on the reviews you write and other website activities. Your Pen Name cannot be edited, changed or deleted once submitted.

 
Your Pen Name can be any combination of alphanumeric characters (plus - and _), and must be at least two characters long.

Continue Anonymously

    If you find inappropriate content, please report it to Barnes & Noble
    Why is this product inappropriate?
    Comments (optional)