This volume provides a state of the art overview of the literature on the economic analysis of tort law. The authors guide the reader through the often vast literature in each domain providing a balanced and comprehensive summary. Particular attention is paid to the evolution of the literature, further refinements to economic models and relevant conclusions and lessons for the policy maker.
Pt. I Efficient Liability Rules
1 Strict liability versus negligence by Hans-Bernd Schafer and Frank Muller-Langer 3
2 Contributory and comparative negligence in the law and economics literature by Mireia Artigot i Golobardes and Fernando Gomez Pomar 46
Pt. II Causation and Multiple Tortfeasors
3 Causation and foreseeability by Omri Ben-Shahar 83
4 Joint and several liability by Lewis A. Kornhauser and Richard L. Revesz 109
5 Vicarious and corporate civil liability by Reinier H. Kraakman 134
Pt. III Damages
6 Tort Damages by Louis T. Visscher 153
7 Pure economic loss by Jef De Mot 201
8 Non pecuniary losses by Siewert D. Lindenbergh and Peter P. M. van Kippersluis 215
9 Punitive damages by A. Mitchell Polinsky and Steven Shavell 228
Pt. IV Specific Cases
10 Environmental liability by Michael Faure 247
11 Products liability by Mark A. Geistfeld 287
12 Medical malpractice by Steve Boccara 341
Pt. V Alternative Compensation Systems
13 Tort law and liability insurance by Gerhard Wagner 377
14 No-fault compensation systems by Karine Fiore 406
Pt. VI Other Perspectives on Tort Law
15 Harmonizing tort law: a comparative tort law and economics analysis by Willem H. van Boom 435
Pt. VII Empirics
16 Empirics of tort by Ben C. J. van Velthoven 453