01.á.250.4245

The Economic Analysis of Tort Law

2 credits

3/2008

 

Professor Hans-Bernd Schaefer

University of Hamburg

GERMANY

 

 

 

 The course provides a comprehensive overview on the economic analysis of tort law and specialises on recent

 developments with special reference to environmental liability and torts in the marketplace.

 

 

                               The main topics will be: negligence, strict liability, unilateral and bilateral torts, causation,

                               compensation for pain and suffering and for non-monetary losses,                           

                               the valuation of a statistical life, problems of environmental liability, compensation for pure economic loss,

                               liability of experts and auditors, directors' liability.

 

 

  Literature: Hans-Bernd Schaefer and Claus Ott, The Economic Analysis of Civil Law, Edward Elgar 2004

  More literature will be made available in class.

  Take Home Exam

 

 

reading material                                                                                                   

 

Dari Mattiaci and Garupa 2007_Least-Cost Avoidance The Tragedy of Common Safety

 

Demougin and Fluet 1999_A Further Justification for the Negligence Rule

 

Demougin and Fluet 2006_Preponderance of evidence

 

Feess and Wohlschlegel 2006_Liability and information transmission The advantageof negligence based rules

 

kornhauser-revesz_tortfeasors_jointseverlliability

 

mattiacci-schaefer_corepureeconomicloss

 

Miceli 2006_On Negligence Rules and Self Selection

 

Micheli and Segerson 2003_A note on optimal care by wealth-constrained injurers

 

Nell and Richter 2003_The design of liability rules for highly risky activities

 

ott-schaefer_untakenprecaution

 

schaefer-ott_ch10_specialproblemscivilliability

 

schaefer-ott_ch9_causalityattribution

 

Schfer and Schnenberger 1999_Strict liability vs neglige-205

 

Shavell 2007_Chapter 2 Liability for Accidents