Using Economic Analysis in Teaching Environmental Law: The Example of Common Law Rules

Economic Analysis of Law

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. Forthcoming in A.J. Auerbach and M. Feldstein, Handbook of Public Economics JEL Classes K00, K10, K11, K12, K13, K...

A Place to Stand For Environmental Law and Economic Analysis ?

In doing normative environmental economics economists usually use WTP figures for losses when WTA figures are correct. We puzzle over moral issues involved in using discount rates and worry about equity effect not normally considered in benefit cost analysis. We wonder if individuals who will never use an amenity should have their existence values counted and if so if then we should also count ...

Western Philosophies of Law: the Common Law

Environmental Pollution and Common Law Remedies

The environmental law as it is known today is an amalgamation of common law and statutory principles. 1 Even before specific laws came into force, there were certain common law remedies against pollution. Common law is the body of customary law of England based upon judicial decisions and is embodied in the reports of decided cases. Common law had been administered by the common law courts of E...

ECONOMIC ANALYSIS OF PUBLIC LAW ENFORCEMENT AND CRIMINAL LAW Steven

This paper contains the chapters on public enforcement of law and on criminal law from a general, forthcoming book, Foundations of Economic Analysis of Law (Harvard University Press, 2003). By public law enforcement is meant the use of public law enforcement agents -such as police, tax inspectors, regulatory personnel -to enforce legal rules. A number of important dimensions of public law enfor...