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A Positive Economic Analysis of Products Liability

1985; University of Chicago Press; Volume: 14; Issue: 3 Linguagem: Inglês

10.1086/467785

1537-5366

William M. Landes, Richard A. Posner,

Medical Malpractice and Liability Issues

Previous articleNext article No AccessA Positive Economic Analysis of Products LiabilityWilliam M. Landes and Richard A. PosnerWilliam M. Landes Search for more articles by this author and Richard A. Posner Search for more articles by this author PDFPDF PLUS Add to favoritesDownload CitationTrack CitationsPermissionsReprints Share onFacebookTwitterLinkedInRedditEmail SectionsMoreDetailsFiguresReferencesCited by The Journal of Legal Studies Volume 14, Number 3Dec., 1985Critical Issues in Tort Law Reform: A Search for Principles Sponsored by The University of Chicago Law School Article DOIhttps://doi.org/10.1086/467785 Views: 28Total views on this site Citations: 42Citations are reported from Crossref PDF download Crossref reports the following articles citing this article:Tim Friehe, Cat Lam Pham, Thomas J. Miceli Product Liability and Strategic Delegation: Endogenous Manager Incentives Promote Strict Liability, Review of Industrial Organization 61, no.22 (Apr 2022): 149–169.https://doi.org/10.1007/s11151-022-09870-1Thomas J. Miceli, Kathleen Segerson The Role of Bias in Economic Models of Law, Review of Law & Economics 17, no.22 (Nov 2021): 419–452.https://doi.org/10.1515/rle-2021-0043Tsvetan Tsvetanov, Thomas J. Miceli, Kathleen Segerson Products liability with temptation bias, Journal of Economic Behavior & Organization 186 (Jun 2021): 76–93.https://doi.org/10.1016/j.jebo.2021.03.028Eric Helland, Darius Lakdawalla, Anup Malani, Seth A Seabury Unintended Consequences of Products Liability: Evidence from the Pharmaceutical Market*, The Journal of Law, Economics, and Organization 36, no.33 (Nov 2020): 598–632.https://doi.org/10.1093/jleo/ewaa017Michael Faure, Shu Li Risk shifting in the context of 3D printing: an insurability perspective, The Geneva Papers on Risk and Insurance - Issues and Practice 45, no.33 (Apr 2020): 482–507.https://doi.org/10.1057/s41288-020-00164-9Tim Friehe, Eric Langlais, Elisabeth Schulte On consumer preferences for (partial) products liability, Economics Letters 173 (Dec 2018): 128–130.https://doi.org/10.1016/j.econlet.2018.10.006Andrzej Baniak, Peter Grajzl Optimal Liability when Consumers Mispredict Product Usage, American Law and Economics Review (Dec 2016): ahw017.https://doi.org/10.1093/aler/ahw017Wing Man Wynne Lam Attack-prevention and damage-control investments in cybersecurity, Information Economics and Policy 37 (Dec 2016): 42–51.https://doi.org/10.1016/j.infoecopol.2016.10.003Emanuela Carbonara, Enrico Santarelli, Hien Thu Tran De jure determinants of new firm formation: how the pillars of constitutions influence entrepreneurship, Small Business Economics 47, no.11 (Mar 2016): 139–162.https://doi.org/10.1007/s11187-016-9715-zIan A. 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Journal of Economic Analysis & Policy 14, no.44 (Oct 2014): 1645–1676.https://doi.org/10.1515/bejeap-2013-0168A. F. Daughety, J. F. Reinganum Cumulative Harm and Resilient Liability Rules for Product Markets, Journal of Law, Economics, and Organization 30, no.22 (Dec 2012): 371–400.https://doi.org/10.1093/jleo/ews045Andrew F. Daughety, Jennifer F. Reinganum Cumulative Harm, Products Liability, and Bilateral Care, American Law and Economics Review 15, no.22 (Sep 2013): 409–442.https://doi.org/10.1093/aler/aht018THOMAS J. MICELI Judicial versus ‘natural’ selection of legal rules with an application to accident law, Journal of Institutional Economics 8, no.22 (Oct 2011): 143–159.https://doi.org/10.1017/S1744137411000440Timo Goeschl, Ole Jürgens Explaining uniformity in rule design: The role of citizen participation in enforcement, International Review of Law and Economics 32, no.11 (Mar 2012): 166–177.https://doi.org/10.1016/j.irle.2011.12.002Andrew F. Daughety, Jennifer F. Reinganum Cumulative Harm and Resilient Liability Rules for Product Markets, SSRN Electronic Journal (Jan 2011).https://doi.org/10.2139/ssrn.1967676Thomas J. Miceli Legal Change: Selective Litigation, Judicial Bias, and Precedent Miceli, The Journal of Legal Studies 38, no.11 (Jul 2015): 157–168.https://doi.org/10.1086/587439RANDY A. NELSON, JAMES N. DREWS STRICT PRODUCT LIABILITY AND SAFETY: EVIDENCE FROM THE GENERAL AVIATION MARKET, Economic Inquiry 46, no.33 (Jul 2008): 425–437.https://doi.org/10.1111/j.1465-7295.2007.00098.xJeong-Yoo Kim Strict liability versus negligence when the injurer's activity involves positive externalities, European Journal of Law and Economics 22, no.11 (Jul 2006): 95–104.https://doi.org/10.1007/s10657-006-8982-6Bruce Hay, Kathryn E Spier Manufacturer Liability for Harms Caused by Consumers to Others, American Economic Review 95, no.55 (Nov 2005): 1700–1711.https://doi.org/10.1257/000282805775014416Martin Nell, Andreas Richter The design of liability rules for highly risky activities—Is strict liability superior when risk allocation matters?, International Review of Law and Economics 23, no.11 (Mar 2003): 31–47.https://doi.org/10.1016/S0144-8188(03)00012-7Giuseppe Dari-Mattiacci Tort Law and Economics, SSRN Electronic Journal (Jan 2003).https://doi.org/10.2139/ssrn.347801Charles K. Rowley Law-and-Economics from the Perspective of Economics, (Jan 2017): 1132–1144.https://doi.org/10.1007/978-1-349-74173-1_214Thomas J. Miceli, Kathleen Segerson Do Exposure Suits Produce a 'Race to File'? An Economic Analysis of a Tort for Risk, SSRN Electronic Journal (Jan 2001).https://doi.org/10.2139/ssrn.288581Hans-Bernd Schäfer, Claus Ott Besondere Probleme des Schadensrechts, (Jan 2000): 309–364.https://doi.org/10.1007/978-3-662-08315-4_10Devra L. Golbe, Lawrence J. White Market Share Liability and Its Alternatives, SSRN Electronic Journal (Jan 2000).https://doi.org/10.2139/ssrn.209809Kathleen Segerson Mandatory versus voluntary approaches to food safety, Agribusiness 15, no.11 (Jan 1999): 53–70.https://doi.org/10.1002/(SICI)1520-6297(199924)15:1<53::AID-AGR4>3.0.CO;2-GStephen F. 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Sirmans An economic analysis of lead paint laws, The Journal of Real Estate Finance and Economics 12, no.11 (Jan 1996): 59–75.https://doi.org/10.1007/BF00127766Peter Zweifel, Jean-Robert Tyran Environmental impairment liability as an instrument of environmental policy, Ecological Economics 11, no.11 (Sep 1994): 43–56.https://doi.org/10.1016/0921-8009(94)90049-3 Richard L Manning Changing Rules in Tort Law and the Market for Childhood Vaccines, The Journal of Law and Economics 37, no.11 (Oct 2015): 247–275.https://doi.org/10.1086/467313Kathleen Segerson Liability for groundwater contamination from pesticides, Journal of Environmental Economics and Management 19, no.33 (Nov 1990): 227–243.https://doi.org/10.1016/0095-0696(90)90071-6James L. Huffman Law, Comparative Legal Study, and Disaster Taxonomy, International Journal of Mass Emergencies & Disasters 7, no.33 (Jan 2023): 329–347.https://doi.org/10.1177/028072708900700309Thomas S. Ulen Law and Economics: Settled Issues and Open Questions, (Jan 1989): 201–231.https://doi.org/10.1007/978-94-009-1079-9_7Anthony M. Marino Products liability and scale effects in a long-run competitive equilibrium, International Review of Law and Economics 8, no.11 (Jun 1988): 97–107.https://doi.org/10.1016/0144-8188(88)90018-XLouis de Alessi, Robert J. Staaf Liability, control and the organization of economic activity, International Review of Law and Economics 7, no.11 (Jun 1987): 5–20.https://doi.org/10.1016/0144-8188(87)90003-2Matthew Baker, Thomas J Miceli Statutes of limitations for accident cases: Theory and evidence, (): 47–67.https://doi.org/10.1016/S0193-5895(00)19002-5Reed Neil Olsen The efficiency of medical malpractice law: A new appraisal, (): 247–273.https://doi.org/10.1016/S0193-5895(00)19007-4