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The Cost of Accidents: A Legal and Economic Analysis

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The Cost of Accidents: A Legal and Economic Analysis - Calabresi, Guido
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Accident law is currently under review throughout the United States, and indeed the world, as present systems prove increasingly inadequate to handle the mounting costs of automobile accidents. In this pioneering work, Guido Calabresi develops a framework for evaluating different systems of accident law. Defining the goal of accident law as the maximum reduction of accident and accident avoidance costs that can be achieved fairly, he examines ten political and economic choices implied in various approaches to reducing these ...

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The Cost of Accidents: A Legal and Economic Analysis 1970, Yale University Press

ISBN-13: 9780300011159

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