Parent Categories
Disciplinary Perspectives & Law
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Minimum Asset Requirements and Compulsory Liability Insurance as Solution to the Judgment-Proof Problem
July 14, 2026
Steven Shavell, Minimum Asset Requirements and Compulsory Liability Insurance as Solution to the Judgment-Proof Problem, 36 Rand J. Econ. 63 (2005).
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On Moral Hazard and Insurance
July 14, 2026
Steven Shavell, On Moral Hazard and Insurance, 93 Q. J. Econ. 541 (1979).
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Steven M. Shavell, Specific Performance Versus Damages for Breach of Contract: An Economic Analysis, 84 Tex. L. Rev. 831 (2006).
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Steven M. Shavell, Do Excessive Legal Standards Discourage Desirable Activity?, 95 Econ. Letters 394 (2007).
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Steven Shavell, The Level of Litigation: Private Versus Social Optimality of Suit and of Settlement, 19 Int’l Rev. L. & Econ. 99 (1999).
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The Optimal Structure of Law Enforcement
July 14, 2026
Steven Shavell, The Optimal Structure of Law Enforcement, 36 J.L. Econ. 255 (1993).
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Eminent Domain versus Government Purchase of Land Given Imperfect Information about Owners’ Valuations
July 14, 2026
Steven Shavell, Eminent Domain versus Government Purchase of Land Given Imperfect Information about Owners’ Valuations, 53 J.L. & Econ. 1 (2010).
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Steven Shavell, An Analysis of Causation and the Scope of Liability in the Law of Torts, 9 J. Legal Stud. 463 (1980).
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A Simple Model of Optimal Deterrence and Incapacitation
July 14, 2026
Steven Shavell, A Simple Model of Optimal Deterrence and Incapacitation, 42 Int’l Rev. L. & Econ. 13 (2015).
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Strict Liability versus Negligence
July 14, 2026
Steven Shavell, Strict Liability versus Negligence, 9 J. Legal Stud. 1 (1980).
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Steven M. Shavell, On the Proper Magnitude of Punitive Damages: Mathias v. Accor Economy Lodging, Inc., 120 Harv. L. Rev. 1223 (2007).
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Sharing Risks of Deferred Payment
July 14, 2026
Steven Shavell, Sharing Risks of Deferred Payment, 84 J. Pol. Econ. 161 (1976).
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Do Managers Use Their Information Efficiently?
July 14, 2026
Steven Shavell, Do Managers Use Their Information Efficiently?, 68 Am. Econ. Rev. 935 (1978).
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Corrective Taxation versus Liability
July 14, 2026
Steven Shavell, Corrective Taxation versus Liability, Am. Econ. Rev., May 2011, at 273.
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Steven M. Shavell, On Optimal Legal Change, Past Behavior, and Grandfathering, 37 J. Legal Stud. 37 (2008).
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The Design of Contracts and Remedies for Breach
July 14, 2026
Steven Shavell, The Design of Contracts and Remedies for Breach, 99 Q. J. Econ. 121 (1984).
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Steven Shavell, Risk Sharing and Incentives in the Principal and Agent Relationship, 10 Bell J. Econ. 55 (1979).
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Torts in Which Victim and Injurer Act Sequentially
July 14, 2026
Steven Shavell, Torts in Which Victim and Injurer Act Sequentially, 26 J.L. & Econ. 589 (1983).
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Damage Measures for Breach of Contract
July 14, 2026
Steven Shavell, Damage Measures for Breach of Contract, 11 Bell J. Econ. 466 (1980).
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On the Writing and the Interpretation of Contracts
July 14, 2026
Steven M. Shavell, On the Writing and the Interpretation of Contracts, 22 J.L. Econ. & Org. 289 (2006).
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A. Mitchell Polinsky & Steven Shavell, Amenities and Property Values in a Model of an Urban Area, 5 J. Pub. Econ. 119 (1976).