The Costs Of Accidents: A Legal And Economic Analysis,New
The Costs Of Accidents: A Legal And Economic Analysis,New

The Costs Of Accidents: A Legal And Economic Analysis,New

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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 Costs. Calabresi Then Considers Two Fundamental Problems All Systems Of Accident Law Must Face: Who Should Be Held Responsible For Accident Costs, And How Should They Be Valued? He Analyzes The Faultinsurance System Now Widely Used And Finds It Wanting On Grounds Both Of Cost Reduction Objectives And Fairness. In Conclusion, He Discusses Recent Proposals For Reform Of The Law, Points Out Questions They Raise, And Ends By Indicating The Two He Thinks Most Likely To Prevail And The Fundamental Conflict Between Them.

⚠️ WARNING (California Proposition 65):

This product may contain chemicals known to the State of California to cause cancer, birth defects, or other reproductive harm.

For more information, please visit www.P65Warnings.ca.gov.

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