{"id":27041,"date":"2017-01-09T13:45:23","date_gmt":"2017-01-09T13:45:23","guid":{"rendered":"https:\/\/content.findlaw-admin.com\/ability-legal\/lawandeconomics\/bibliographies\/3800-property-rules-vs-liability-rules.html"},"modified":"2017-01-09T13:45:23","modified_gmt":"2017-01-09T13:45:23","slug":"3800-property-rules-vs-liability-rules","status":"publish","type":"law_economics","link":"https:\/\/reference.findlaw.com\/lawandeconomics\/bibliographies\/3800-property-rules-vs-liability-rules.html","title":{"rendered":"Encyclopedia of Law &#038; Economics \u2013 3800 Property Rules vs. Liability Rules"},"content":{"rendered":"<div>\n<ul class=\"links\">\n<li>Anderson, Elizabeth (1993), <em>Value in Ethics and Economics <\/em>, Cambridge (MA), Harvard University Press. <\/li>\n<li>Arneson, Richard (1992), &#8216;Commodification and Commercial Surrogacy&#8217;, <b>21 <\/b> <em>Philosophy And Public Affairs <\/em>, 132-164. <\/li>\n<li>Atias, Christian (1986), &#8216;La distinction du patrimonial et de l&#8217;extra-patrimonial et l&#8217;analyse \u008economique du droit: un utile face \u0088 face (The Distinction Between Patrimonial and Extra-Patrimonial Rights and the Economic Analysis of Law)&#8217;, <b>1 <\/b> <em>Revue de la Recherche Juridique <\/em>. <\/li>\n<li>Ayres, Ian and Talley, Eric (1995), &#8216;Solomonic Bargaining: Dividing a Legal Entitlement to Facilitate Coasean Trade&#8217;, <b>104 <\/b> <em>Yale Law Journal <\/em>, 1027-1117. <\/li>\n<li>Bouckaert, Boudewijn and De Geest, Gerrit (1995), &#8216;Private Takings, Private Taxes, Private Compulsory Services: The Economic Doctrine of Quasi Contracts&#8217;, <b>15 <\/b> <em>International Review of Law and Economics <\/em>, 463-487. <\/li>\n<li>Bromley, Daniel W. (1978), &#8216;Property Rules, Liability Rules, and Environmental Economics&#8217;, <b>12 <\/b> <em>Journal of Economic Issues <\/em>, 43-60. <\/li>\n<li>Buchanan, James M. and Faith, Roger L. (1981), &#8216;Entrepreneurship and the Internalization of Externalities&#8217;, <b>24 <\/b> <em>Journal of Law and Economics <\/em>, 95-111. <\/li>\n<li>Calabresi, Guido and Melamed, A. Douglas (1972), &#8216;Property Rules, Liability Rules and Inalienability: One View of the Cathedral&#8217;, <b>85 <\/b> <em>Harvard Law Review <\/em>, 1089-1128. Reprinted in Ackerman, Bruce A., Economic Foundations of Property Law, Boston, Little Brown, 1975, 31-48. <\/li>\n<li>Coase, Ronald H. (1960), &#8216;The Problem of Social Cost&#8217;, <b>3 <\/b> <em>Journal of Law and Economics <\/em>, 1-44. Reprinted in Ackermann, Bruce A., Economic Foundations of Property Law,Boston,Little Brown,1975,17-22. Reprinted in Medema, Steven G.,The Legacy of Ronald Coase in Economic Analysis,Vol.2,Aldershot,Edward Elgar Publishig, 1995, 5-48. Reprinted in Coase, Ronald H., The Firm, the Market and the Law, Chicago, University of Chicago Press, 1988. <\/li>\n<li>Coleman, Jules L. (1987), &#8216;Property, Wrongfulness and the Duty to Compensate&#8217;, <b>63 <\/b> <em>Chicago-Kent Law Review <\/em>, 451-470. <\/li>\n<li>Coleman, Jules L. (1992), &#8216;Tort Law and the Demands of Corrective Justice&#8217;, <b>67 <\/b> <em>Indiana Law Journal <\/em>, 349 ff. <\/li>\n<li>Coleman, Jules L. and Kraus, Jody S. (1986), &#8216;Rethinking the Theory of Legal Rights&#8217;, <b>95 <\/b> <em>Yale Law Journal <\/em>, 1335-1371. <\/li>\n<li>Cooter, Robert D. (1991), &#8216;Economic Theories of Legal Liability (Italian translation:&#8221;Le teorie economiche della risponsibilit\u0088 efficenza produttiva: alcuni contributi su noti argomenti&#8221; 379-409)&#8217;, <b>5 <\/b> <em>Journal of Economic Perspectives <\/em>, 11-30. Reprinted in Medema, Steven G. (Ed.), The Legacy of Ronald Coase in Economic Analysis, Edward Elgar Publishing, Glocestershire, forthcoming. Italian translation: &#8220;Le Teorie Economiche Della Risponsabilit Legale&#8221;), published in Gianandrea Goisis. <\/li>\n<li>Craswell, Richard (1993), &#8216;Property Rules and Liability Rules in Unconscionability and Related Doctrines&#8217;, <b>60 <\/b> <em>University of Chicago Law Review <\/em>, 1-65. <\/li>\n<li>Dworkin, Ronald M. (1978), <em>Taking Rights Seriously <\/em>, Cambridge (MA), Harvard University Press. <\/li>\n<li>Epstein, Richard A. (1985), &#8216;Why Restrain Alienation?&#8217;, <b>85 <\/b> <em>Columbia Law Review <\/em>, 970-990. <\/li>\n<li>Frank, Robert H. (1987), &#8216;If Homo Economicus Could Choose His Own Utility Function, Would He Want One with a Conscience?&#8217;, <b>77 <\/b> <em>American Economic Review <\/em>, 393-394. <\/li>\n<\/ul>\n<\/div>\n<div data-readmore=\"true\">\n<ul class=\"links\">\n<li>Frech, H. Edward III (1973), &#8216;Pricing of Pollution: The Coase Theorem in the Long Run&#8217;, <b>4(1) <\/b> <em>Bell Journal of Economics <\/em>, 316-319. <\/li>\n<li>Frech, H. Edward III (1979), &#8216;The Extended Coase Theorem and Long Run Equilibrium: The Non-Equivalence of Liability Rules and Property Rights&#8217;, <b>27(1) <\/b> <em>Economic Inquiry <\/em>, 254-268. <\/li>\n<li>Friedman, David D. (1984), &#8216;Efficient Institutions for the Private Enforcement of Law&#8217;, <b>13 <\/b> <em>Journal of Legal Studies <\/em>, 379-397. <\/li>\n<li>Gallo, Paolo (1992), &#8216;Errore sul valore, giustizia contrattuale e trasferimenti ingiustificati di ricchezza alla luce dell&#8217;analisi economica del diritto (Mistake on value, contractual justice and unjust enrichment)&#8217;, <em>Quadrimestre <\/em>, 656-703. <\/li>\n<li>Gambaro, Antonio (1996), &#8216;L&#8217;analisi economica e la ricerca della logica proprietaria (Economic analysis and the search for the rationale of ownership)&#8217;, <em>Rivista critica del diritto privato <\/em>, 235-244. <\/li>\n<li>Gordon, Wendy J. (1982), &#8216;Fair Use as Market Failure: A Structural and Economic Analysis of the Betamax Case and its Predecessors&#8217;, <b>82 <\/b> <em>Columbia Law Review <\/em>, 1600-1657. <\/li>\n<li>Gordon, Wendy J. (1992), &#8216;On Owning Information: Intellectual Property and the Restitutionary Impulse&#8217;, <b>78 <\/b> <em>Virginia Law Review <\/em>, 149-281. <\/li>\n<li>Gordon, Wendy J. (1992), &#8216;Of Harms and Benefits: Torts, Restitution, and Intellectual Property&#8217;, <b>21 <\/b> <em>Journal of Legal Studies <\/em>, 449-482. <\/li>\n<li>Gordon, Wendy J. (1993), &#8216;A Property Right in Self- Expression: Equality and Individualism in the Natural Law of Intellectual Property&#8217;, <b>102 <\/b> <em>Yale Law Journal <\/em>, 1533-1609. <\/li>\n<li>Gordon, Wendy J. (1994), &#8216;Systemische und fallbezogene Losungsansatze fur Marktversagen bei Immaterialgutern (Systemic and Case-by-Case Responses to Failures in Markets for Intangible Goods)&#8217;, in Ott, Claus and Sch\u008afer, Hans-Bernd (eds.), <em>Okonomische Analyse der rechtlichen Organisation von Innovationen <\/em>, T\u009fbingen, Mohr, 328-367. <\/li>\n<li>Gordon, Wendy J. and Gowen, Anne, &#8216;Mandated Access: Commensurability and the Right to Say &#8216;No&#8217;,&#8217;, <b>17 <\/b> <em>Hastings Communications and Entertainment Law Journal <\/em>, 46 ff. <\/li>\n<li>Haddock, David D., McChesney, Fred S. and Spiegel, Menahem (1990), &#8216;An Ordinary Economic Rationale for Extraordinary Legal Sanctions&#8217;, <b>78 <\/b> <em>California Law Review <\/em>, 1-51. <\/li>\n<li>Hasen, Richard L. (1995), &#8216;The Efficient Duty to Rescue&#8217;, <b>15 <\/b> <em>International Review of Law and Economics <\/em>, 141 ff. <\/li>\n<li>Kaplow, Louis and Shavell, Steven (1995), &#8216;Do Liability Rules Facilitate Bargaining? A Reply to Ayres and Talley&#8217;, <b>105(1) <\/b> <em>Yale Law Journal <\/em>, 221-233. <\/li>\n<li>Kaplow, Louis and Shavell, Steven (1996), &#8216;Property Rules versus Liability Rules: An Economic Analysis&#8217;, <b>109 <\/b> <em>Harvard Law Review <\/em>, 713-790. <\/li>\n<li>Kaplow, Louis and Steven Schavell (1995), &#8216;Do Liability Rules Facilitate Bargaining? A Reply to Ayres and Talley&#8217;, <b>105 <\/b> <em>Yale Law Journal <\/em>, 221 ff. <\/li>\n<li>Knetsch, Jack L. (1983), <em>Property Rights and Compensation. Compulsory Acqui, ch.10 <\/em>, Toronto, Butterworths. <\/li>\n<li>Krauss, Michael I. (1986), &#8216;L&#8217;affaire Lapierre: vers une th\u008eorie \u008economique de l&#8217;obligation quasi-contractuelle (The Lapierre Case: Toward an Economic Theory of the Quasi-Contractual Obligation)&#8217;, <b>31 <\/b> <em>McGill Law Journal <\/em>, 683-721. <\/li>\n<li>Krauss, Michael I. (1992), &#8216;Tort Law and Private Ordering&#8217;, <b>53 <\/b> <em>St. Louis University Law Journal <\/em>, 423 ff. <\/li>\n<li>Krauss, Michael I. (1994), &#8216;Regulation vs. Markets in the Development of Standards&#8217;, <b>3 <\/b> <em>Southern California Interdisciplinary Law Journal <\/em>, 781-808. <\/li>\n<li>Krier, James E. and Schwab, S. (1995), &#8216;Property Rules and Liability Rules: The Cathedral in Another Light.&#8217;, <b>70 <\/b> <em>New York University Law Review <\/em>, 440-483. <\/li>\n<li>Krier, James E. and Schwab, Stewart J. (1995), &#8216;Property Rules and Liability Rules: The Cathedral in Another Light&#8217;, <b>70 <\/b> <em>New York University Law Review <\/em>, 440 ff. <\/li>\n<li>Kronman, Anthony T. (1978), &#8216;Specific Performance&#8217;, <b>45 <\/b> <em>University of Chicago Law Review <\/em>, 351-382. Reprinted in Kronman, Anthony T. and Posner, Richard A. (eds.), The Economics of Contract Law, Boston, Little Brown, 1979, 181-194. <\/li>\n<li>Landes, William M. and Posner, Richard A. (1975), &#8216;The Private Enforcement of Law&#8217;, <b>4 <\/b> <em>Journal of Legal Studies <\/em>, 1-46. <\/li>\n<li>Levmore, Saul (1985), &#8216;Explaining Restitution&#8217;, <b>71 <\/b> <em>Virginia Law Review <\/em>, 65-124. <\/li>\n<li>Levmore, Saul (1994), &#8216;Obligation or Restitution for Best Efforts&#8217;, <b>67 <\/b> <em>University of Southern California Law Review <\/em>, 1411-1449. <\/li>\n<li>Marella, Maria Rosaria (1994), &#8216;Onerosit\u0088 del risarcimento in forma specifica (Onerousness of specific performance)&#8217;, <b>I,2 <\/b> <em>Giurisprudenza italiana <\/em>, 1067-1074. <\/li>\n<li>McChesney, Fred S. (1990), &#8216;Government as Definer of Property Rights: Indian Land Ownership, Ethnic Externalities, and Bureaucratic Budgets&#8217;, <b>19 <\/b> <em>Journal of Legal Studies <\/em>, 297-335. <\/li>\n<li>Michelman, Frank I. (1967), &#8216;Property, Utility and Fairness: Comments on the Ethical Foundations of &#8220;Just Compensation&#8221; Law&#8217;, <b>80 <\/b> <em>Harvard Law Review <\/em>, 1165-1258. Reprinted in Ackerman, Bruce A. (ed.), Economic Foundations of Property a Law, Boston, Little Brown, 1975, 100 ff. <\/li>\n<li>Pardolesi, Roberto (1977), &#8216;Azione Reale E Azione Di Danni Nell Art. 844 C.C. Logica Economica E Logica Giuridica Nella Composizione Del Conflitto Tra Usi Incompatibili Delle Propriet\u0088 Vicine (Property Rule and Liability Rule in Article 844 Codice Civile: Economic Arguments, Legal Arguments and Litigation for Inconsistent Uses of Neighbours Lands)&#8217;, <b>1 <\/b> <em>Foro Italiano <\/em>, 1144-1154. <\/li>\n<li>Polinsky, A. Mitchell (1979), &#8216;Controlling Externalities and Protecting Entitlements: Property Right, Liability Rule, and Tax-Subsidy Approaches&#8217;, <b>8 <\/b> <em>Journal of Legal Studies <\/em>, 1-48. <\/li>\n<li>Polinsky, A. Mitchell (1980), &#8216;Resolving Nuisance Disputes: The Simple Economics of Injunctive and Damage Remedies&#8217;, <b>33 <\/b> <em>Stanford Law Review <\/em>, 1075-1112. <\/li>\n<li>Polinsky, A. Mitchell (1980), &#8216;On the Choice Between Property Rules and Liability Rules&#8217;, <b>18(2) <\/b> <em>Economic Inquiry <\/em>, 233-246. <\/li>\n<li>Polinsky, Mitchell A. (1979), &#8216;Controlling Externalities and Protecting Entitlements: Property Right, Liability Rule, and Tax-Subsidy Approaches&#8217;, <b>8 <\/b> <em>Journal of Legal Studies <\/em>, 1-48. <\/li>\n<li>Polinsky, Mitchell A. (1980), &#8216;Resolving Nuisance Disputes: The Simple Economics of Injunctive and Damage Remedies&#8217;, <b>32(6) <\/b> <em>Stanford Law Review <\/em>, 1075-1112. <\/li>\n<li>Polinsky, Mitchell A. (1980), &#8216;On the Choice Between Property Rules and Liability Rules&#8217;, <b>18(2) <\/b> <em>Economic Inquiry <\/em>, 233-246. <\/li>\n<li>Polinsky, Mitchell A. and Shavell, Steven (1994), &#8216;Should Liability be Based on the Harm to the Victim or the Gain to the Injurer?&#8217;, <b>10 <\/b> <em>Journal of Law, Economics, and Organization <\/em>, 427-437. <\/li>\n<li>Posner, Richard A. (1971), &#8216;Killing or Wounding to Protect a Property Interest&#8217;, <b>14 <\/b> <em>Journal of Law and Economics <\/em>, 201-232. <\/li>\n<li>Posner, Richard A. (1972), <em>Economic Analysis of Law, 1st ed. <\/em>,. <\/li>\n<li>Radin, Margaret Jane (1987), &#8216;Market-Inalienability&#8217;, <b>100 <\/b> <em>Harvard Law Review <\/em>, 1849-1937. <\/li>\n<li>Rose-Ackerman, Susan (1985), &#8216;Inalienability and the Theory of Property Rights&#8217;, <b>85 <\/b> <em>Columbia Law Review <\/em>, 931-969. Reprinted In J. Coleman and J. Lange (Eds.), New York University Press, Law and Economics, Vol. I, New York, 1992, 421-459. <\/li>\n<li>Rose-Ackerman, Susan (1986), &#8216;I&#8217;d Rather Be Liable Than You: A Note on Property Rules and Liability Rules&#8217;, <b>6 <\/b> <em>International Review of Law and Economics <\/em>, 267-275. <\/li>\n<li>Rose-Ackerman, Susan (1986), &#8216;Efficiency, Equity and Inalienability&#8217;, in Graf Von Der Schulenburg, J.-Matthias and Skogh, G\u009aran (eds.), <em>Law and Economics and The Economics of Legal Regulation <\/em>, Dordrecht, Kluwer, 11-37. <\/li>\n<li>Rose-Ackerman, Susan (1986), &#8216;I&#8217;d Rather Be Liable Than You: A Note on Property Rules and Liability Rules&#8217;, <b>6 <\/b> <em>International Review of Law and Economics <\/em>, 255-263. <\/li>\n<li>Samuels, Warren J. and Mercuro, Nicholas (1981), &#8216;The Role of the Compensation Principle in Society&#8217;, in Samuels, Warren J. and Schmid, A. Allan (eds.), <em>Law and Economics: An Institutional Perspective <\/em>, Boston, Nijhoff, 210-247. <\/li>\n<li>Schap, David (1986), &#8216;The Nonequivalence of Property Rules and Liability Rules&#8217;, <b>6 <\/b> <em>International Review of Law and Economics <\/em>, 125-132. <\/li>\n<li>Schwab, Stewart J. (1989), &#8216;Coase Defends Coase: Why Lawyers Listen and Economists Do Not&#8217;, <b>87 <\/b> <em>Michigan Law Review <\/em>, 1171-1198. <\/li>\n<li>Schwartz, Alan (1979), &#8216;The Case for Specific Performance&#8217;, <b>89 <\/b> <em>Yale Law Journal <\/em>, 271-306. <\/li>\n<li>Schwartz, Gary (1994), &#8216;Reality in the Economic Analysis of Tort Law&#8217;, <b>42 <\/b> <em>UCLA Law Review <\/em>, 377 ff. <\/li>\n<li>Schwartz, Gary T. (1994), &#8216;Reality in the Economic Analysis of Tort Law: Does Tort Law Really Deter?&#8217;, <b>42 <\/b> <em>UCLA Law Review <\/em>, 377-444. <\/li>\n<li>Staaf, Robert J. (1983), &#8216;Liability Rules, Property Rights, and Taxes&#8217;, <b>5 <\/b> <em>Research in Law and Economics <\/em>, 225-231. <\/li>\n<li>Stephen, Frank H. (1987), &#8216;Property Rules and Liability Rules in the Regulation of Land Development: An Analysis of Development Control in Great Britain and Ontario&#8217;, <b>7 <\/b> <em>International Review of Law and Economics <\/em>, 33-49. <\/li>\n<li>Stout, Lynn A. and Barnes, David D. (1992), <em>Economics of Contract Law <\/em>, West Publishing. <\/li>\n<li>Thompson, Barton H. (1975), &#8216;Injunction Negotiations: An Economic, Moral and Legal Analysis&#8217;, <b>27 <\/b> <em>Stanford Law Review <\/em>, 1563-1595. <\/li>\n<li>Villa, Gianroberto (1992), &#8216;Contratto illecito ed irripetibilit\u0088 della prestazione &#8211; Una analisi economica (Unlawful contract and non repayable performance &#8211; An economic analysis)&#8217;, <em>Quadrimestre <\/em>, 19-64. <\/li>\n<li>Wils, Wouter P.J. (1993), &#8216;Who Should Bear the Costs of Failed Negotiations? A Functional Inquiry into Precontractual Liability&#8217;, <b>4 <\/b> <em>Journal des Economistes et des Etudes Humaines <\/em>, 93-134. <\/li>\n<\/ul>\n<\/div>\n","protected":false},"parent":26944,"menu_order":0,"template":"","meta":{"_acf_changed":false,"_stopmodifiedupdate":false,"_modified_date":"","_cloudinary_featured_overwrite":false},"class_list":["post-27041","law_economics","type-law_economics","status-publish","hentry"],"acf":[],"_links":{"self":[{"href":"https:\/\/reference.findlaw.com\/legal-api\/wp-json\/wp\/v2\/law_economics\/27041","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/reference.findlaw.com\/legal-api\/wp-json\/wp\/v2\/law_economics"}],"about":[{"href":"https:\/\/reference.findlaw.com\/legal-api\/wp-json\/wp\/v2\/types\/law_economics"}],"up":[{"embeddable":true,"href":"https:\/\/reference.findlaw.com\/legal-api\/wp-json\/wp\/v2\/law_economics\/26944"}],"wp:attachment":[{"href":"https:\/\/reference.findlaw.com\/legal-api\/wp-json\/wp\/v2\/media?parent=27041"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}