Foundations of Law and Economics
Some Thoughts on Risk Distribution and the Law of Torts
Guido Calabresi
- Year
- 1961
- Venue
- Yale Law Journal
- Level
- Intermediate
Summary
Develops an economic account of accident law by connecting liability rules to risk distribution, insurance, administrative costs, and incentives for accident prevention. The article helped shift tort analysis from moral blame alone toward institutional questions about who can avoid, spread, or internalize accident costs at lower cost.
Citation
Guido Calabresi. "Some Thoughts on Risk Distribution and the Law of Torts." Yale Law Journal, 1961.
BibTeX
@article{Calabresi1961Some,
title = {Some Thoughts on Risk Distribution and the Law of Torts},
author = {Guido Calabresi},
year = {1961},
journal = {Yale Law Journal},
url = {https://www.jstor.org/stable/794261}
}