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A note on optimal fines when wealth varies among individuals

Polinsky, Alan Mitchell - In: The American economic review 81 (1991) 3, pp. 618-621

Persistent link: https://www.econbiz.de/10001107487

Corruption and optimal law enforcement

Polinsky, Alan Mitchell; Shavell, Steven - In: Journal of public economics 81 (2001) 1, pp. 1-24

Persistent link: https://www.econbiz.de/10001584716

Corrective taxation versus liability

Shavell, Steven - In: The American economic review 101 (2011) 3, pp. 273-276

Persistent link: https://www.econbiz.de/10009261663

On Optimal Legal Change, Past Behavior, and Grandfathering

Shavell, Steven - 2010

When is it socially advantageous for legal rules to be changed in the light of altered circumstances? In answering this basic question here, a simple point is developed -- that past compliance with legal rules tends to reduce the social advantages of legal change. The reasons are twofold:...

Persistent link: https://www.econbiz.de/10012759741

Economic Analysis of Law

Kaplow, Louis - 2010

This is a survey of the field of economic analysis of law, focusing on the work of economists. The survey covers the three central areas of civil law liability for accidents (tort law), property law, and contracts as well as the litigation process and public enforcement of law

Persistent link: https://www.econbiz.de/10012763597

The Rationale for Motions in the Design of Adjudication

Shavell, Steven - 2018

bring motions, the judicial system leads litigants to efficiently provide information to courts that is relevant to the …

Persistent link: https://www.econbiz.de/10012916625

A Simple Model of Optimal Deterrence and Incapacitation

Shavell, Steven - 2014

The deterrence of crime and its reduction through incapacitation are studied in a simple multiperiod model of crime and law enforcement. Optimal imprisonment sanctions and the optimal probability of sanctions are determined. A point of emphasis is that the incapacitation of individuals is often...

Persistent link: https://www.econbiz.de/10013040232

Mandatory Versus Voluntary Disclosure of Product Risks

Polinsky, A. Mitchell - 2007

We analyze a model in which firms are able to acquire information about product risks and may or may not be required to … disclose this information. We initially study the effect of disclosure rules assuming that firms are not liable for the harm … caused by their products. Although mandatory disclosure obviously is superior to voluntary disclosure given the information …

Persistent link: https://www.econbiz.de/10012778097

Suit Versus Settlement When Parties Seek Nonmonetary Judgements

Shavell, Steven - 2007

This article considers situations in which plaintiffs seek nonmonetary judgments, for instance, custody of a child or an injunction. The primary questions of interest concern when parties will be likely to settle and, if so, what the nature of their settlements will be. The answers to these...

Persistent link: https://www.econbiz.de/10012777109

Economic Analysis of Welfare Economics, Morality and the Law

Shavell, Steven - 2022

This paper contains the chapters on welfare economics, morality, and the law from a general, forthcoming book, Foundations of Economic Analysis of Law (Harvard University Press, 2003). I begin in chapter 26 with a discussion of the normative foundations of economic analysis, namely, the subject...

Persistent link: https://www.econbiz.de/10014084957