Kaplow, Louis; Shavell, Steven - In: Handbook of public economics : volume 3, (pp. 1661-1784). 2002
-bearing and insurance, and the costs of the liability system. Second, we consider property law, where we address the nature and … justification of property rights, public property, the acquisition and transfer of property, externalities surrounding the use of … property, and intellectual property. Third, we examine contract law, including the formation of contracts, their interpretation …