Steven Shavell

Harvard Law School

Director, John M. Olin Center for Law, Economics, and Business, Samuel R. Rosenthal Professor of Law and Economics

1575 Massachusetts

Hauser 406

Cambridge, MA 02138

United States

National Bureau of Economic Research (NBER)

1050 Massachusetts Avenue

Cambridge, MA 02138

United States

SCHOLARLY PAPERS

111

DOWNLOADS
Rank 433

SSRN RANKINGS

Top 433

in Total Papers Downloads

53,058

SSRN CITATIONS
Rank 435

SSRN RANKINGS

Top 435

in Total Papers Citations

625

CROSSREF CITATIONS

1,556

Scholarly Papers (111)

1.
Downloads 3,894 ( 3,119)
Citation 1

Economic Analysis of Contract Law

Number of pages: 74 Posted: 20 Feb 2003
Steven Shavell
Harvard Law School
Downloads 3,717 (3,287)
Citation 1

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Economic Analysis of Contract Law

NBER Working Paper No. w9696
Number of pages: 74 Posted: 19 May 2003 Last Revised: 01 Jul 2021
Steven Shavell
Harvard Law School
Downloads 177 (207,706)

Abstract:

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2.
Downloads 3,838 ( 3,192)
Citation 5

Economic Analysis of Law

Harvard Law School, John M. Olin Center for Law, Economics and Business, Discussion Paper No. 251
Number of pages: 96 Posted: 02 Mar 1999
Louis Kaplow and Steven Shavell
Harvard Law School and Harvard Law School
Downloads 3,579 (3,503)
Citation 8

Abstract:

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Economic Analysis of Law

NBER Working Paper No. w6960
Number of pages: 100 Posted: 25 May 2006 Last Revised: 10 Jul 2021
Louis Kaplow and Steven Shavell
Harvard Law School and Harvard Law School
Downloads 259 (144,938)

Abstract:

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3.

Economic Analysis of Law

Stanford Law and Economics Olin Working Paper No. 316, Harvard Law and Economics Discussion Paper No. 536
Number of pages: 42 Posted: 29 Nov 2005
A. Mitchell Polinsky and Steven Shavell
Stanford Law School and Harvard Law School
Downloads 3,652 (3,456)
Citation 1

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law and economics, property law, liability for accidents, contract law, litigation, public enforcement, criminal law

4.
Downloads 1,943 ( 9,977)
Citation 1

Economic Analysis of Property Law

Number of pages: 137 Posted: 15 Jan 2003
Steven Shavell
Harvard Law School
Downloads 1,823 (10,821)

Abstract:

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Economic Analysis of Property Law

NBER Working Paper No. w9695
Number of pages: 137 Posted: 19 May 2003 Last Revised: 30 Jun 2021
Steven Shavell
Harvard Law School
Downloads 120 (285,063)

Abstract:

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5.

Principles of Fairness Versus Human Welfare: On the Evaluation of Legal Policy

Number of pages: 460 Posted: 23 May 2000
Louis Kaplow and Steven Shavell
Harvard Law School and Harvard Law School
Downloads 1,882 (10,502)
Citation 3

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6.
Downloads 1,865 ( 10,650)

Property Rules Versus Liability Rules

Number of pages: 101 Posted: 01 Feb 1998
Louis Kaplow and Steven Shavell
Harvard Law School and Harvard Law School
Downloads 1,865 (10,441)
Citation 4

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Property Rules Versus Liability Rules

Harvard Law Review, Vol. 109, No. 4, February 1996.
Posted: 06 Feb 1998
Louis Kaplow and Steven Shavell
Harvard Law School and Harvard Law School

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7.

Specific Performance Versus Damages for Breach of Contract

Harvard Law and Economics Discussion Paper No. 532
Number of pages: 39 Posted: 07 Dec 2005
Steven Shavell
Harvard Law School
Downloads 1,843 (10,850)
Citation 11

Abstract:

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8.
Downloads 1,769 ( 11,608)
Citation 45

The Economic Theory of Public Enforcement of Law

Stanford Law School, John M. Olin Program in Law and Economics, Working Paper No. 159
Number of pages: 54 Posted: 30 May 1998
A. Mitchell Polinsky and Steven Shavell
Stanford Law School and Harvard Law School
Downloads 1,678 (12,404)
Citation 46

Abstract:

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The Economic Theory of Public Enforcement of Law

NBER Working Paper No. w6993
Number of pages: 55 Posted: 26 Jun 2000 Last Revised: 12 Oct 2010
A. Mitchell Polinsky and Steven Shavell
Stanford Law School and Harvard Law School
Downloads 91 (344,342)

Abstract:

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9.
Downloads 1,710 ( 12,246)
Citation 11

Economic Analysis of Accident Law

Number of pages: 97 Posted: 08 Jan 2003
Steven Shavell
Harvard Law School
Downloads 1,446 (15,660)
Citation 3

Abstract:

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Economic Analysis of Accident Law

NBER Working Paper No. w9483
Number of pages: 97 Posted: 31 May 2012 Last Revised: 31 May 2021
Steven Shavell
Harvard Law School
Downloads 145 (246,204)
Citation 2

Abstract:

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Economic Analysis of Accident Law

NBER Working Paper No. w9694
Number of pages: 97 Posted: 19 May 2003 Last Revised: 28 Jun 2021
Steven Shavell
Harvard Law School
Downloads 119 (286,835)

Abstract:

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Economic Analysis of the General Structure of the Law

Number of pages: 20 Posted: 26 Feb 2003
Steven Shavell
Harvard Law School
Downloads 1,370 (17,031)

Abstract:

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Economic Analysis of the General Structure of the Law

NBER Working Paper No. w9699
Number of pages: 20 Posted: 19 May 2003 Last Revised: 04 Jul 2021
Steven Shavell
Harvard Law School
Downloads 59 (440,896)

Abstract:

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11.
Downloads 1,252 ( 19,837)
Citation 1

Economic Analysis of Litigation and the Legal Process

Number of pages: 66 Posted: 20 Feb 2003
Steven Shavell
Harvard Law School
Downloads 1,122 (23,000)

Abstract:

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Economic Analysis of Litigation and the Legal Process

NBER Working Paper No. w9697
Number of pages: 66 Posted: 19 May 2003 Last Revised: 02 Jul 2021
Steven Shavell
Harvard Law School
Downloads 130 (268,310)

Abstract:

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12.

The Uneasy Case for Product Liability

Harvard Law Review, Forthcoming, Stanford Law and Economics Olin Working Paper No. 381, Harvard Law and Economics Discussion Paper No. 647, Harvard Public Law Working Paper No. 09-46
Number of pages: 57 Posted: 07 Sep 2009 Last Revised: 03 Dec 2009
A. Mitchell Polinsky and Steven Shavell
Stanford Law School and Harvard Law School
Downloads 1,246 (19,981)
Citation 5

Abstract:

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13.

Contracts

New Palgrave Dictionary of Economics and the Law (Peter Newman, Ed.), May 1998
Number of pages: 28 Posted: 11 Jan 1998
Steven Shavell
Harvard Law School
Downloads 1,153 (22,472)
Citation 1

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The Conflict between Notions of Fairness and the Pareto Principle

Number of pages: 19 Posted: 18 Feb 2000
Louis Kaplow and Steven Shavell
Harvard Law School and Harvard Law School
Downloads 943 (29,581)
Citation 3

Abstract:

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The Conflict between Notions of Fairness and the Pareto Principle

Number of pages: 19 Posted: 29 Sep 1999
Louis Kaplow and Steven Shavell
Harvard Law School and Harvard Law School
Downloads 187 (198,797)
Citation 1

Abstract:

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15.
Downloads 1,094 ( 24,285)
Citation 9

Corruption and Optimal Law Enforcement

Journal of Public Economics
Number of pages: 36 Posted: 28 Aug 2000
A. Mitchell Polinsky and Steven Shavell
Stanford Law School and Harvard Law School
Downloads 1,036 (25,861)
Citation 11

Abstract:

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Corruption and Optimal Law Enforcement

NBER Working Paper No. w6945
Number of pages: 26 Posted: 14 Jul 2000 Last Revised: 12 Oct 2010
A. Mitchell Polinsky and Steven Shavell
Stanford Law School and Harvard Law School
Downloads 58 (444,645)

Abstract:

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16.
Downloads 1,071 ( 25,020)
Citation 20

Rewards Versus Intellectual Property Rights

Harvard Law School, Olin Center for Law, Economics & Business, Discussion Paper No. 246
Number of pages: 34 Posted: 29 Jan 1999
Steven Shavell and Tanguy Van Ypersele
Harvard Law School and National Center for Scientific Research (CNRS) - Research Group in Quantitative Saving (GREQAM)
Downloads 945 (29,505)
Citation 18

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Rewards Versus Intellectual Property Rights

NBER Working Paper No. w6956
Number of pages: 35 Posted: 12 Jul 2000 Last Revised: 05 Jul 2021
Steven Shavell and Tanguy Van Ypersele
Harvard Law School and National Center for Scientific Research (CNRS) - Research Group in Quantitative Saving (GREQAM)
Downloads 126 (274,823)
Citation 1

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Rewards Versus Intellectual Property Rights

Posted: 23 Oct 2001
Steven Shavell and Tanguy Van Ypersele
Harvard Law School and National Center for Scientific Research (CNRS) - Research Group in Quantitative Saving (GREQAM)

Abstract:

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17.

Strict Liability Versus Negligence

Number of pages: 25 Posted: 04 Jul 2004
Steven Shavell
Harvard Law School
Downloads 996 (27,800)
Citation 11

Abstract:

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Economic Analysis of Public Law Enforcement and Criminal Law

Number of pages: 77 Posted: 21 Feb 2003
Steven Shavell
Harvard Law School
Downloads 921 (30,628)

Abstract:

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Economic Analysis of Public Law Enforcement and Criminal Law

NBER Working Paper No. w9698
Number of pages: 77 Posted: 19 May 2003 Last Revised: 01 Nov 2010
Steven Shavell
Harvard Law School
Downloads 70 (402,861)

Abstract:

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19.
Downloads 960 ( 29,312)
Citation 63

The Theory of Public Enforcement of Law

HANDBOOK OF LAW AND ECONOMICS, A. Mitchell Polinsky, Steven Shavell, eds., Vol. 1, 2006, Harvard Law and Economics Discussion Paper No. 529, Stanford Law and Economics Olin Working Paper No. 313, Stanford Public Law Working Paper No. 115, Harvard Public Law Working Paper No. 119
Number of pages: 82 Posted: 17 Nov 2005
A. Mitchell Polinsky and Steven Shavell
Stanford Law School and Harvard Law School
Downloads 874 (32,925)

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public enforcement of law, fines, imprisonment, strict liability, fault-based liability, probability of detection, errors, general enforcement, marginal deterrence, settlements, self-reporting, repeat offenders, fairness of sanctions, norms

The Theory of Public Enforcement of Law

NBER Working Paper No. w11780
Number of pages: 82 Posted: 19 Feb 2006 Last Revised: 10 Sep 2010
A. Mitchell Polinsky and Steven Shavell
Stanford Law School and Harvard Law School
Downloads 86 (356,840)
Citation 21

Abstract:

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20.

Should Copyright of Academic Works be Abolished?

The Journal of Legal Analysis, Forthcoming, Harvard Law and Economics Discussion Paper No. 655, Harvard Public Law Working Paper No. 10-10
Number of pages: 64 Posted: 21 Dec 2009 Last Revised: 25 May 2014
Steven Shavell
Harvard Law School
Downloads 879 (33,152)
Citation 2

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Fairness Versus Welfare: Notes on the Pareto Principle, Preferences, and Distributive Justice

Number of pages: 27 Posted: 27 Mar 2003
Louis Kaplow and Steven Shavell
Harvard Law School and Harvard Law School
Downloads 785 (38,219)

Abstract:

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Fairness Versus Welfare: Notes on the Pareto Principle, Preferences, and Distributive Justice

NBER Working Paper No. w9622
Number of pages: 28 Posted: 11 Apr 2003 Last Revised: 18 Apr 2021
Louis Kaplow and Steven Shavell
Harvard Law School and Harvard Law School
Downloads 81 (370,274)
Citation 3

Abstract:

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22.
Downloads 842 ( 35,209)
Citation 20

On the Writing and the Interpretation of Contracts

Number of pages: 46 Posted: 17 Nov 2003
Steven Shavell
Harvard Law School
Downloads 755 (40,309)

Abstract:

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On the Writing and the Interpretation of Contracts

NBER Working Paper No. w10094
Number of pages: 46 Posted: 20 Feb 2004 Last Revised: 31 Jan 2021
Steven Shavell
Harvard Law School
Downloads 87 (354,311)
Citation 4

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On the Writing and the Interpretation of Contracts

Journal of Law, Economics, and Organization, Vol. 22, No. 2, Fall 2006, Harvard Law and Economics Discussion Paper No. 445
Posted: 23 Feb 2006
Steven Shavell
Harvard Law School

Abstract:

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On the Writing and the Interpretation of Contracts

The Journal of Law, Economics, and Organization, Vol. 22, Issue 2, pp. 289-314, 2006
Posted: 29 Feb 2008
Steven Shavell
Harvard Law School

Abstract:

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23.
Downloads 796 ( 38,019)
Citation 12

Law Versus Morality as Regulators of Conduct

Number of pages: 39 Posted: 13 Dec 2001
Steven Shavell
Harvard Law School
Downloads 796 (37,474)
Citation 12

Abstract:

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Law Versus Morality as Regulators of Conduct

American Law and Economics Review, Vol. 4, No. 2, pp. 227-257, 2002
Posted: 29 Feb 2008
Steven Shavell
Harvard Law School

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Information and the Scope of Liability for Breach of Contract: The Rule of Hadley V. Baxendale

Journal of Law, Economics and Organization, Vol. 7, pp. 284-312, 1991, Harvard Law and Economics Discussion Paper No. 78
Number of pages: 31 Posted: 21 Nov 2003 Last Revised: 05 May 2009
Lucian A. Bebchuk and Steven Shavell
Harvard Law School and Harvard Law School
Downloads 634 (50,917)
Citation 12

Abstract:

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contracts, breach, damages, precautions, information, communication

Information and the Scope of Liability for Breach of Contract: The Rule of Hadley V. Baxendale

NBER Working Paper No. w3696
Number of pages: 56 Posted: 28 May 2004 Last Revised: 07 Feb 2021
Lucian A. Bebchuk and Steven Shavell
Harvard Law School and Harvard Law School
Downloads 136 (259,304)
Citation 2

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25.

Welfare Economics, Morality, and the Law

Number of pages: 52 Posted: 27 Mar 2003
Steven Shavell
Harvard Law School
Downloads 750 (41,240)

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Moral Rules and the Moral Sentiments: Toward a Theory of an Optimal Moral System

Number of pages: 63 Posted: 13 Dec 2001
Louis Kaplow and Steven Shavell
Harvard Law School and Harvard Law School
Downloads 629 (51,475)
Citation 11

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Moral Rules and the Moral Sentiments: Toward a Theory of an Optimal Moral System

NBER Working Paper No. w8688
Number of pages: 61 Posted: 20 Dec 2001 Last Revised: 29 Mar 2021
Louis Kaplow and Steven Shavell
Harvard Law School and Harvard Law School
Downloads 53 (464,070)
Citation 2

Abstract:

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27.
Downloads 661 ( 48,824)
Citation 15

Mandatory Versus Voluntary Disclosure of Product Risks

Stanford Law and Economics Olin Working Paper No. 327, Harvard Law and Economics Discussion Paper No. 564
Number of pages: 33 Posted: 23 Oct 2006
A. Mitchell Polinsky and Steven Shavell
Stanford Law School and Harvard Law School
Downloads 616 (52,958)

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product risk, information, mandatory disclosure, voluntary disclosure, negligence, strict liability

Mandatory Versus Voluntary Disclosure of Product Risks

NBER Working Paper No. w12776
Number of pages: 34 Posted: 23 Dec 2006 Last Revised: 22 Jun 2007
A. Mitchell Polinsky and Steven Shavell
Stanford Law School and Harvard Law School
Downloads 45 (498,395)
Citation 4

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28.

Is Breach of Contract Immoral?

Harvard Law and Economics Discussion Paper No. 531
Number of pages: 30 Posted: 07 Dec 2005
Steven Shavell
Harvard Law School
Downloads 629 (52,137)
Citation 5

Abstract:

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29.

Public Enforcement of Law

Stanford Law and Economics Olin Working Paper No. 322
Number of pages: 31 Posted: 16 May 2006
A. Mitchell Polinsky and Steven Shavell
Stanford Law School and Harvard Law School
Downloads 624 (52,703)
Citation 20

Abstract:

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30.

On the Social Function and the Regulation of Liability Insurance

Number of pages: 28 Posted: 13 May 2000
Steven Shavell
Harvard Law School
Downloads 594 (56,126)
Citation 6

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31.
Downloads 591 ( 56,479)
Citation 39

Liability for Accidents

HANDBOOK OF LAW AND ECONOMICS, A. Mitchell Polinsky, Steven Shavell, eds., Vol. 1, 2006, Harvard Law and Economics Discussion Paper No. 530
Number of pages: 42 Posted: 16 Nov 2005
Steven Shavell
Harvard Law School
Downloads 512 (66,774)
Citation 2

Abstract:

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law and economics, liability, accident(s), tort(s), insurance, product liability, externalities, information, regulation, litigation, suit, trial, court(s)

Liability for Accidents

NBER Working Paper No. w11781
Number of pages: 42 Posted: 19 Feb 2006 Last Revised: 12 Mar 2021
Steven Shavell
Harvard Law School
Downloads 79 (375,901)
Citation 10

Abstract:

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32.

Human Nature and the Best Consequentialist Moral System

Number of pages: 49 Posted: 18 Mar 2002
Louis Kaplow and Steven Shavell
Harvard Law School and Harvard Law School
Downloads 523 (65,764)
Citation 3

Abstract:

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33.

Notions of Fairness Versus the Pareto Principle: On the Role of Logical Consistency

Number of pages: 16 Posted: 16 Jan 2001
Louis Kaplow and Steven Shavell
Harvard Law School and Harvard Law School
Downloads 452 (78,671)
Citation 1

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Reconsidering Contractual Liability and the Incentive to Reveal Information

Stanford Law Review, Vol. 51, pp.1615-1627, 1999, Harvard Law and Economics Discussion Paper No. 255, 1999
Number of pages: 19 Posted: 19 Sep 1999 Last Revised: 05 May 2009
Lucian A. Bebchuk and Steven Shavell
Harvard Law School and Harvard Law School
Downloads 405 (88,686)

Abstract:

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Reconsidering Contractual Liability and the Incentive to Reveal Information

NBER Working Paper No. w7106
Number of pages: 11 Posted: 13 Jul 2000 Last Revised: 03 Jun 2021
Lucian A. Bebchuk and Steven Shavell
Harvard Law School and Harvard Law School
Downloads 40 (522,499)

Abstract:

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35.
Downloads 434 ( 82,504)
Citation 14

Contracts, Holdup, and Legal Intervention

Number of pages: 34 Posted: 04 May 2005
Steven Shavell
Harvard Law School
Downloads 395 (91,248)
Citation 3

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Contracts, Holdup, and Legal Intervention

NBER Working Paper No. w11284
Number of pages: 34 Posted: 02 Jun 2005
Steven Shavell
Harvard Law School
Downloads 39 (527,444)
Citation 5

Abstract:

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36.

Supreme Court Amicus Brief Regarding Morgan Stanley Capital Group Inc. v. Public Utility District No. 1 of Snohomish County, Washington

AEI-Brookings Joint Center Brief No. 07-02
Number of pages: 49 Posted: 02 Dec 2007
New York University - Stern School of Business, Berkley Center for Entrepreneurial Studies, Tuck School of Business, Dartmouth College, affiliation not provided to SSRN, Ohio State University (OSU) - Department of Finance, University of Southern California, Department of Economics, Massachusetts Institute of Technology (MIT) - Department of Economics, Technology Policy Institute, Massachusetts Institute of Technology (MIT) - Department of Economics, Harvard University - Harvard Kennedy School (HKS), Harvard University - Harvard Kennedy School (HKS), University of Pennsylvania - Operations & Information Management Department, California State University, Fullerton - Department of Economics, Stanford University, University of Houston - Department of Finance, Boston University - Questrom School of Business, Harvard Law School, Chapman University - Economic Science Institute, affiliation not provided to SSRN, Princeton University - Princeton School of Public and International Affairs and University of California, Berkeley - Economic Analysis & Policy Group
Downloads 414 (87,167)

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The Fairness of Sanctions: Some Implications for Optimal Enforcement Policy

Stanford Law School, Olin Law and Economics Working Paper No. 167; and Harvard Law School, Olin Discussion Paper No. 247
Number of pages: 18 Posted: 08 Mar 1999
A. Mitchell Polinsky and Steven Shavell
Stanford Law School and Harvard Law School
Downloads 389 (92,874)
Citation 3

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The Fairness of Sanctions: Some Implications for Optimal Enforcement Policy

American Law and Economics Review, Vol. 2, No. 1, pp. 223-237, 2000; Stanford Law and Economics Olin Working Paper No. 167; Harvard Law and Economics Discussion Paper No. 247
Posted: 07 Jul 2000
A. Mitchell Polinsky and Steven Shavell
Stanford Law School and Harvard Law School

Abstract:

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38.

Economics and Liability for Accidents

New Palgrave Dictionary of Economics, 2nd Edition, 2008, Harvard Law and Economics Discussion Paper No. 535
Number of pages: 15 Posted: 16 Dec 2005
Steven Shavell
Harvard Law School
Downloads 333 (111,777)
Citation 1

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39.

Notes on Welfarist Versus Deontological Principles

Number of pages: 12 Posted: 21 Sep 2004
Louis Kaplow and Steven Shavell
Harvard Law School and Harvard Law School
Downloads 331 (112,474)
Citation 2

Abstract:

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40.

Why Breach of Contract May Not Be Immoral Given the Incompleteness of Contracts

Harvard Law and Economics Discussion Paper No. 631
Number of pages: 23 Posted: 03 Apr 2009
Steven Shavell
Harvard Law School
Downloads 320 (116,607)
Citation 9

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41.
Downloads 300 (124,969)
Citation 3

Costly Litigation and Optimal Damages

Stanford Law and Economics Olin Working Paper No. 436, Harvard Law and Economics Olin Working Paper No. 739 , Harvard Law School Program on Risk Regulation Research Paper No. 13-06
Number of pages: 15 Posted: 18 Nov 2012 Last Revised: 12 Feb 2013
Steven Shavell and A. Mitchell Polinsky
Harvard Law School and Stanford Law School
Downloads 288 (129,736)

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Costly Litigation and Optimal Damages

NBER Working Paper No. w18594
Number of pages: 14 Posted: 07 Dec 2012 Last Revised: 23 Apr 2021
A. Mitchell Polinsky and Steven Shavell
Stanford Law School and Harvard Law School
Downloads 12 (711,989)

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Should Legal Rules Favor the Poor? Clarifying the Role of Legal Rules and the Income Tax in Redistributing Income

January 2000
Number of pages: 20 Posted: 23 Jun 2000
Louis Kaplow and Steven Shavell
Harvard Law School and Harvard Law School
Downloads 281 (133,173)
Citation 5

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Minimum Asset Requirements and Compulsory Liability Insurance as Solutions to the Judgment-Proof Problem

Number of pages: 43 Posted: 23 Aug 2004
Steven Shavell
Harvard Law School
Downloads 232 (161,440)
Citation 2

Abstract:

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Minimum Asset Requirements and Compulsory Liability Insurance as Solutions to the Judgment-Proof Problem

NBER Working Paper No. w10341
Number of pages: 43 Posted: 16 Mar 2004 Last Revised: 29 Mar 2004
Steven Shavell
Harvard Law School
Downloads 39 (527,444)
Citation 13

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44.

A Simple Proposal to Halve Litigation Costs

Number of pages: 20 Posted: 25 May 2005
David Rosenberg and Steven Shavell
Harvard Law School and Harvard Law School
Downloads 267 (141,128)
Citation 5

Abstract:

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On the Redesign of Accident Liability for the World of Autonomous Vehicles

Harvard Law School John M. Olin Center Discussion Paper No. 1014
Number of pages: 33 Posted: 22 Aug 2019 Last Revised: 05 Sep 2019
Steven Shavell
Harvard Law School
Downloads 248 (151,383)

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autonomous vehicle accidents; liability; tort law

On the Redesign of Accident Liability for the World of Autonomous Vehicles

NBER Working Paper No. w26220
Number of pages: 34 Posted: 09 Sep 2019
Steven Shavell
Harvard Law School
Downloads 10 (728,718)
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46.

The Advantage of Focusing Law Enforcement Effort

Number of pages: 14 Posted: 09 May 2002
Henrik Lando and Steven Shavell
Copenhagen Business School - CBS Law and Harvard Law School
Downloads 257 (146,623)
Citation 3

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Optimal enforcement, focused enforcement, allocation of police

47.

Any Non-Welfarist Method of Policy Assessment Violates the Pareto Principle: Reply

Number of pages: 6 Posted: 09 Feb 2004
Louis Kaplow and Steven Shavell
Harvard Law School and Harvard Law School
Downloads 256 (147,194)
Citation 36

Abstract:

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48.

All Individuals May Be Made Worse Off Under Any Nonwelfarist Principle

Number of pages: 23 Posted: 18 Mar 2002
Louis Kaplow and Steven Shavell
Harvard Law School and Harvard Law School
Downloads 252 (149,483)

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A Fundamental Enforcement Cost Advantage of the Negligence Rule over Regulation

Harvard Law, Economics, and Business Discussion Paper No. 731, Harvard Public Law Working Paper No. 14-01
Number of pages: 30 Posted: 11 Sep 2012 Last Revised: 12 Mar 2014
Steven Shavell
Harvard Law School
Downloads 217 (172,352)
Citation 2

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A Fundamental Enforcement Cost Advantage of the Negligence Rule Over Regulation

NBER Working Paper No. w18418
Number of pages: 31 Posted: 29 Sep 2012 Last Revised: 30 Apr 2021
Steven Shavell
Harvard Law School
Downloads 24 (618,522)
Citation 1

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On the Superiority of Corrective Taxes to Quantity Regulation

Number of pages: 18 Posted: 10 Feb 1998
Louis Kaplow and Steven Shavell
Harvard Law School and Harvard Law School
Downloads 203 (183,549)
Citation 17

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On the Superiority of Corrective Taxes to Quantity Regulation

NBER Working Paper No. w6251
Number of pages: 20 Posted: 20 Jul 2000 Last Revised: 31 Jan 2021
Louis Kaplow and Steven Shavell
Harvard Law School and Harvard Law School
Downloads 32 (565,734)

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On the Superiority of Corrective Taxes to Quantity Regulation

American Law and Economics Review, Vol. 4, No. 1, pp. 1-17, 2002
Posted: 29 Feb 2008
Louis Kaplow and Steven Shavell
Harvard Law School and Harvard Law School

Abstract:

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51.

Eminent Domain versus Government Purchase of Land Given Imperfect Information about Owners' Valuations

Harvard Law and Economics Discussion Paper No. 598
Number of pages: 40 Posted: 20 Oct 2007
Steven Shavell
Harvard Law School
Downloads 221 (169,684)
Citation 2

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52.

When is it Socially Desirable for an Individual to Comply with the Law?

Harvard Law, Economics and Business Discussion Paper No. 682
Number of pages: 29 Posted: 04 Dec 2010
Steven Shavell
Harvard Law School
Downloads 218 (171,919)

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On Optimal Legal Change, Past Behavior, and Grandfathering

Harvard Law and Economics Discussion Paper No. 570
Number of pages: 37 Posted: 12 Jan 2007
Steven Shavell
Harvard Law School
Downloads 182 (202,667)
Citation 1

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On Optimal Legal Change, Past Behavior, and Grandfathering

NBER Working Paper No. w13563
Number of pages: 38 Posted: 31 Oct 2007 Last Revised: 25 Jul 2021
Steven Shavell
Harvard Law School
Downloads 30 (577,761)
Citation 3

Abstract:

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54.

A Solution to the Problem of Nuisance Suits: The Option to Have the Court Bar Settlement

Number of pages: 10 Posted: 20 Nov 2004
David Rosenberg and Steven Shavell
Harvard Law School and Harvard Law School
Downloads 211 (177,242)
Citation 3

Abstract:

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55.
Downloads 206 (181,272)
Citation 4

Corrective Taxation versus Liability

Harvard Law and Economics Discussion Paper No. 671
Number of pages: 15 Posted: 10 Jul 2010
Steven Shavell
Harvard Law School
Downloads 185 (199,790)
Citation 4

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Corrective Taxation Versus Liability

NBER Working Paper No. w16234
Number of pages: 15 Posted: 02 Aug 2010 Last Revised: 12 May 2021
Steven Shavell
Harvard Law School
Downloads 21 (640,570)

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Optimal Discretion in the Application of Rules

Number of pages: 28 Posted: 04 May 2005
Steven Shavell
Harvard Law School
Downloads 188 (196,926)
Citation 6

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Optimal Discretion in the Application of Rules

American Law and Economics Review, Vol. 9, Issue 1, pp. 175-194, 2007
Posted: 16 Jun 2008
Steven Shavell
Harvard Law School

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D8, K4, K40

57.
Downloads 183 (201,744)
Citation 16

The Appeals Process and Adjudicator Incentives

Number of pages: 40 Posted: 20 Nov 2004
Steven Shavell
Harvard Law School
Downloads 137 (257,720)

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The Appeals Process and Adjudicator Incentives

NBER Working Paper No. w10754
Number of pages: 40 Posted: 24 Sep 2004 Last Revised: 22 May 2021
Steven Shavell
Harvard Law School
Downloads 46 (493,761)
Citation 1

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58.

Do Excessive Legal Standards Discourage Desirable Activity?

Harvard Law and Economics Discussion Paper No. 540
Number of pages: 7 Posted: 31 Jul 2006
Steven Shavell
Harvard Law School
Downloads 182 (202,707)
Citation 2

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standards, regulation, liability, negligence

59.
Downloads 170 (214,984)

Minimum Asset Requirements

Number of pages: 20 Posted: 15 Dec 2002
Steven Shavell
Harvard Law School
Downloads 143 (249,000)

Abstract:

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Minimum Asset Requirements

NBER Working Paper No. w9335
Number of pages: 19 Posted: 28 Dec 2002 Last Revised: 05 Jul 2021
Steven Shavell
Harvard Law School
Downloads 27 (597,337)

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60.

The Optimal Tradeoff between the Probability and Magnitude of Fines

Number of pages: 12 Posted: 25 Aug 2000
A. Mitchell Polinsky and Steven Shavell
Stanford Law School and Harvard Law School
Downloads 154 (233,692)
Citation 14

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Subrogation and the Theory of Insurance When Suits Can Be Brought for Losses Suffered

Journal of Law, Economics, & Organization, Forthcoming, Stanford Law and Economics Olin Working Paper No. 506, Harvard Public Law Working Paper No. 17-04
Number of pages: 43 Posted: 29 Mar 2017 Last Revised: 05 Apr 2018
A. Mitchell Polinsky and Steven Shavell
Stanford Law School and Harvard Law School
Downloads 117 (290,289)

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insurance, subrogation, accidents, torts, litigation, loading costs, moral hazard, non-monetary losses

Subrogation and the Theory of Insurance When Suits Can Be Brought for Losses Suffered

NBER Working Paper No. w23303
Number of pages: 44 Posted: 05 Apr 2017 Last Revised: 05 Mar 2021
A. Mitchell Polinsky and Steven Shavell
Stanford Law School and Harvard Law School
Downloads 21 (640,570)

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62.

Liability for Harm Versus Regulation of Safety

NBER Working Paper No. w1218
Number of pages: 51 Posted: 09 Jun 2004 Last Revised: 02 May 2021
Steven Shavell
Harvard Law School
Downloads 131 (265,764)
Citation 3

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63.
Downloads 115 (292,324)
Citation 25

A Simple Model of Optimal Deterrence and Incapacitation

International Review of Law and Economics, Forthcoming
Number of pages: 26 Posted: 09 Dec 2014
Steven Shavell
Harvard Law School
Downloads 102 (319,620)

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Crime, deterrence, incapacitation

A Simple Model of Optimal Deterrence and Incapacitation

NBER Working Paper No. w20747
Number of pages: 27 Posted: 15 Dec 2014 Last Revised: 18 Dec 2014
Steven Shavell
Harvard Law School
Downloads 13 (703,621)
Citation 4

Abstract:

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64.

Should BP Be Held Liable for Economic Losses Due to the Moratorium on Oil Drilling Imposed after the Deepwater Horizon Accident?

Vanderbilt Law Review, Forthcoming, Harvard Law and Economics Discussion Paper No. 708
Number of pages: 21 Posted: 05 Oct 2011
Steven Shavell
Harvard Law School
Downloads 99 (323,764)
Citation 1

Abstract:

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65.

Optimal Law Enforcement with Self-Reporting of Behavior

NBER Working Paper No. w3822
Number of pages: 39 Posted: 19 Jun 2004 Last Revised: 13 Jun 2021
Louis Kaplow and Steven Shavell
Harvard Law School and Harvard Law School
Downloads 98 (325,864)
Citation 18

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A General Rationale for a Governmental Role in the Relief of Large Risks

Journal of Risk and Uncertainty, Forthcoming, Harvard Law, Economics, and Business Discussion Paper No. 768
Number of pages: 33 Posted: 22 May 2014
Steven Shavell
Harvard Law School
Downloads 87 (354,311)

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Insurance, disasters, large risks, government

A General Rationale for a Governmental Role in the Relief of Large Risks

NBER Working Paper No. w20192
Number of pages: 34 Posted: 11 Jun 2014 Last Revised: 05 Mar 2021
Steven Shavell
Harvard Law School
Downloads 10 (728,718)
Citation 2

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67.

On the Design of the Appeals Process: The Optimal Use of Discretionary Review versus Direct Appeal

Harvard Law and Economics Discussion Paper No. 625
Number of pages: 76 Posted: 12 Jan 2009
Steven Shavell
Harvard Law School
Downloads 97 (328,038)
Citation 9

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K4, K41

The Corrective Tax versus Liability as Solutions to the Problem of Harmful Externalities

Harvard Law and Economics Discussion Paper No. 672
Number of pages: 30 Posted: 10 Jul 2010
Steven Shavell
Harvard Law School
Downloads 69 (406,107)
Citation 1

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The Corrective Tax Versus Liability as Solutions to the Problem of Harmful Externalities

NBER Working Paper No. w16235
Number of pages: 30 Posted: 02 Aug 2010 Last Revised: 13 May 2021
Steven Shavell
Harvard Law School
Downloads 24 (618,522)

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69.

The Mistaken Restriction of Strict Liability to Uncommon Activities

The Journal of Legal Analysis, Forthcoming
Number of pages: 57 Posted: 12 Dec 2018 Last Revised: 14 Dec 2018
Steven Shavell
Harvard Law School
Downloads 89 (346,317)
Citation 1

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Tort law, strict liability, uncommon activities, Restatement of Torts

70.

A Skeptical Attitude about Product Liability is Justified: A Reply to Professors Goldberg and Zipursky

Stanford Law and Economics Olin Working Paper No. 399
Number of pages: 19 Posted: 09 Oct 2010
A. Mitchell Polinsky and Steven Shavell
Stanford Law School and Harvard Law School
Downloads 89 (346,317)
Citation 1

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product liability, public policy, benefit-cost analysis

71.

Enforcement Costs and the Optimal Magnitude and Probability of Fines

NBER Working Paper No. w3429
Number of pages: 19 Posted: 27 Feb 2001
A. Mitchell Polinsky and Steven Shavell
Stanford Law School and Harvard Law School
Downloads 84 (358,872)
Citation 6

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72.

Economic Analysis of Welfare Economics, Morality and the Law

NBER Working Paper No. w9700
Number of pages: 52 Posted: 19 May 2003 Last Revised: 01 Nov 2010
Steven Shavell
Harvard Law School
Downloads 78 (374,838)
Citation 1

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73.

Accuracy in the Determination of Liability

NBER Working Paper No. w4203
Number of pages: 24 Posted: 28 Dec 2006 Last Revised: 28 Jun 2010
Louis Kaplow and Steven Shavell
Harvard Law School and Harvard Law School
Downloads 77 (377,584)
Citation 6

Abstract:

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74.

On the Disutility and Discounting of Imprisonment and the Theory of Deterrence

NBER Working Paper No. w6259
Number of pages: 26 Posted: 20 Jul 2000 Last Revised: 07 Oct 2010
A. Mitchell Polinsky and Steven Shavell
Stanford Law School and Harvard Law School
Downloads 70 (398,074)
Citation 7

Abstract:

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75.

On the Design of Contracts and Remedies for Breach

NBER Working Paper No. w0727
Number of pages: 51 Posted: 10 Nov 2002 Last Revised: 29 Jun 2010
Steven Shavell
Harvard Law School
Downloads 69 (401,208)
Citation 4

Abstract:

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76.

Accuracy in the Assessment of Damages

NBER Working Paper No. w4287
Number of pages: 24 Posted: 28 Dec 2006 Last Revised: 21 Mar 2021
Louis Kaplow and Steven Shavell
Harvard Law School and Harvard Law School
Downloads 68 (404,307)

Abstract:

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77.

Suit and Settlement vs. Trial: A Theoretical Analysis Under Alternative Methods for the Allocation of Legal Costs

NBER Working Paper No. w0662
Number of pages: 58 Posted: 04 Jul 2004 Last Revised: 25 Apr 2021
Steven Shavell
Harvard Law School
Downloads 66 (410,747)

Abstract:

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78.

Uncertainty Over Causation and the Determination of Civil Liability

NBER Working Paper No. w1219
Number of pages: 95 Posted: 05 Jul 2004 Last Revised: 13 Oct 2008
Steven Shavell
Harvard Law School
Downloads 64 (417,245)
Citation 1

Abstract:

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79.

A Model of the Socially Optimal Use of Liability and Regulation

NBER Working Paper No. w1220
Number of pages: 56 Posted: 01 Feb 2001 Last Revised: 03 May 2021
Steven Shavell
Harvard Law School
Downloads 64 (417,245)
Citation 11

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Should Liability Be Based on the Harm to the Victim or the Gain to the Injurer?

NBER Working Paper No. w4586
Number of pages: 21 Posted: 05 Sep 2000 Last Revised: 21 Jul 2010
A. Mitchell Polinsky and Steven Shavell
Stanford Law School and Harvard Law School
Downloads 57 (448,492)
Citation 2

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Should Liability Be Based on the Harm to the Victim or the Gain to the Injurer?

Posted: 04 May 2000
A. Mitchell Polinsky and Steven Shavell
Stanford Law School and Harvard Law School

Abstract:

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81.

Any Non-Individualistic Social Welfare Function Violates the Pareto Principle

NBER Working Paper No. w7051
Number of pages: 8 Posted: 18 Apr 2000 Last Revised: 09 Apr 2021
Louis Kaplow and Steven Shavell
Harvard Law School and Harvard Law School
Downloads 55 (449,130)

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82.

The Optimal Use of Fines and Imprisonment

NBER Working Paper No. w0932
Number of pages: 24 Posted: 25 Aug 2000 Last Revised: 21 Jul 2021
A. Mitchell Polinsky and Steven Shavell
Stanford Law School and Harvard Law School
Downloads 53 (456,559)

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Risk Aversion and the Desirability of Attenuated Legal Change

American Law and Economics Review, Forthcoming
Number of pages: 25 Posted: 16 Jan 2014 Last Revised: 17 Jan 2014
Steven Shavell
Harvard Law School
Downloads 40 (522,499)

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Risk Aversion and the Desirability of Attenuated Legal Change

NBER Working Paper No. w19879
Number of pages: 26 Posted: 11 Feb 2014 Last Revised: 26 Apr 2021
Steven Shavell
Harvard Law School
Downloads 9 (737,237)
Citation 2

Abstract:

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84.

Pigouvian Taxation with Administrative Costs

NBER Working Paper No. w0742
Number of pages: 19 Posted: 18 Aug 2004 Last Revised: 14 Jul 2021
A. Mitchell Polinsky and Steven Shavell
Stanford Law School and Harvard Law School
Downloads 49 (472,293)

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The Rationale for Motions in the Design of Adjudication

Forthcoming, American Law and Economics Review, Harvard John M. Olin Center for Law, Economics and Business, Discussion Paper No. 955, May 2018, Harvard Public Law Working Paper No. 18-31
Number of pages: 49 Posted: 12 Jun 2018 Last Revised: 07 Nov 2018
Steven Shavell
Harvard Law School
Downloads 45 (498,395)

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Civil Procedure, Motions, Economic Analysis

The Rationale for Motions in the Design of Adjudication

NBER Working Paper No. w24703
Number of pages: 50 Posted: 18 Jun 2018 Last Revised: 02 Jul 2021
Steven Shavell
Harvard Law School
Downloads 0

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86.

Individual Precautions to Prevent Theft: Private Versus Socially Optimalbehavior

NBER Working Paper No. w3560
Number of pages: 16 Posted: 09 Oct 2007 Last Revised: 26 Mar 2021
Steven Shavell
Harvard Law School
Downloads 45 (489,049)

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87.

The Social Versus the Private Incentive to Bring Suit in a Costly Legal System

NBER Working Paper No. w0741
Number of pages: 18 Posted: 18 Aug 2004 Last Revised: 12 Jul 2021
Steven Shavell
Harvard Law School
Downloads 44 (493,476)
Citation 3

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88.

The Efficiency of the Legal System Versus the Income Tax in Redistributing Income

NBER Working Paper No. w4457
Number of pages: 21 Posted: 23 May 2001 Last Revised: 13 Sep 2010
Louis Kaplow and Steven Shavell
Harvard Law School and Harvard Law School
Downloads 43 (497,879)
Citation 6

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89.

Threats Without Binding Commitment

NBER Working Paper No. w5461
Number of pages: 20 Posted: 25 Apr 1998 Last Revised: 05 Jun 2021
Steven Shavell and Kathryn E. Spier
Harvard Law School and Harvard University - Law School - Faculty
Downloads 38 (521,095)

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90.

Torts in Which Victim and Injurer Act Sequentially

NBER Working Paper No. w0939
Number of pages: 53 Posted: 14 Feb 2002 Last Revised: 28 Jul 2010
Steven Shavell
Harvard Law School
Downloads 36 (530,944)
Citation 1

Abstract:

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91.

Legal Advice About Acts Already Commited

NBER Working Paper No. w3005
Number of pages: 21 Posted: 14 Apr 2007 Last Revised: 20 Mar 2021
Louis Kaplow and Steven Shavell
Harvard Law School and Harvard Law School
Downloads 34 (541,260)

Abstract:

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92.

A Note on Optimal Fines When Wealth Varies Among Individuals

NBER Working Paper No. w3232
Number of pages: 9 Posted: 28 Dec 2006
A. Mitchell Polinsky and Steven Shavell
Stanford Law School and Harvard Law School
Downloads 34 (541,260)

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Deterrence and the Adjustment of Sentences During Imprisonment

Stanford Law and Economics Olin Working Paper No. 535
Number of pages: 25 Posted: 26 Jul 2019 Last Revised: 29 Jul 2019
A. Mitchell Polinsky and Steven Shavell
Stanford Law School and Harvard Law School
Downloads 30 (577,761)

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Deterrence, imprisonment, sentence adjustment, sanctions, parole, recidivism

Deterrence and the Adjustment of Sentences During Imprisonment

NBER Working Paper No. w26083
Number of pages: 49 Posted: 23 Jul 2019 Last Revised: 12 Apr 2021
A. Mitchell Polinsky and Steven Shavell
Stanford Law School and Harvard Law School
Downloads 1 (812,712)

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94.

Eminent Domain Versus Government Purchase of Land Given Imperpect Information About Owners' Valuation

NBER Working Paper No. w13564
Number of pages: 41 Posted: 31 Oct 2007 Last Revised: 26 Jul 2010
Steven Shavell
Harvard Law School
Downloads 29 (568,698)

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95.

Specific Versus General Enforcement of Law

NBER Working Paper No. w3062
Number of pages: 34 Posted: 04 Jul 2004 Last Revised: 16 May 2021
Steven Shavell
Harvard Law School
Downloads 28 (574,788)
Citation 2

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96.

A Note on Optimal Deterrence When Individuals Choose Among Harmful Acts

NBER Working Paper No. w3061
Number of pages: 22 Posted: 09 Mar 2004 Last Revised: 15 May 2021
Steven Shavell
Harvard Law School
Downloads 28 (574,788)
Citation 4

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97.

Private Versus Socially Optimal Provision of Ex Ante Legal Advice

NBER Working Paper No. w3868
Number of pages: 19 Posted: 10 Jul 2007 Last Revised: 29 Jul 2010
Louis Kaplow and Steven Shavell
Harvard Law School and Harvard Law School
Downloads 25 (600,251)
Citation 1

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98.

Suit Versus Settlement When Parties Seek Nonmonetary Judgements

NBER Working Paper No. w4012
Number of pages: 27 Posted: 18 Apr 2007 Last Revised: 20 Jun 2021
Steven Shavell
Harvard Law School
Downloads 24 (600,251)

Abstract:

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99.

Optimal Cleanup and Liability after Environmentally Harmful Discharges

NBER Working Paper No. w4176
Number of pages: 14 Posted: 01 Jun 2011 Last Revised: 31 May 2021
A. Mitchell Polinsky and Steven Shavell
Stanford Law School and Harvard Law School
Downloads 19 (634,376)

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100.

Markets, Networks, and the Rise of Chrysler in Old Detroit, 1920-1940

American Law and Economics Review, Vol. 1, No. 1, pp. 63-77, 1999
Posted: 29 Feb 2008
Louis Kaplow and Steven Shavell
Harvard Law School and Harvard Law School

Abstract:

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101.

Moral Rules, the Moral Sentiments, and Behavior: Toward a Theory of an Optimal Moral System

Journal of Political Economy, Vol. 115, No. 3, 2007, Harvard Public Law Working Paper No. 08-01
Posted: 20 Dec 2007 Last Revised: 11 Jan 2008
Louis Kaplow and Steven Shavell
Harvard Law School and Harvard Law School

Abstract:

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102.

Foundations of Economic Analysis of Law

Steven Shavell, FOUNDATIONS OF ECONOMIC ANALYSIS OF LAW, Harvard University Press, 2004
Posted: 11 Feb 2004
Steven Shavell
Harvard Law School

Abstract:

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103.

Any Non-Welfarist Method of Policy Assessment Violates the Pareto Principle

Posted: 20 Apr 1999
Louis Kaplow and Steven Shavell
Harvard Law School and Harvard Law School

Abstract:

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104.

The Optimal Level of Corporate Liability Given the Limited Ability of Corporations to Penalize Their Employees

Harvard Law and Economics Working Paper #160
Posted: 03 Jul 1998
Steven Shavell
Harvard Law School

Abstract:

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105.

Any Frequency of Plaintiff Victory at Trial is Possible

Working Paper No. 164
Posted: 20 Jan 1998
Steven Shavell
Harvard Law School

Abstract:

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106.

Legal Advice

The New Palgrave Dictionary of Economics and the Law, edited by Peter Newman, 3 volumes (London: Macmillan Publishers; New York: Stockton Press), May 1998.
Posted: 31 Oct 1997
Steven Shavell
Harvard Law School

Abstract:

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107.

Punitive Damages: An Economic Analysis

111 Harvard Law Review, 1998.
Posted: 15 Sep 1997
A. Mitchell Polinsky and Steven Shavell
Stanford Law School and Harvard Law School

Abstract:

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108.

The Fundamental Divergence between the Private and the Social Motive to Use the Legal System

Journal of Legal Studies, Vol. 24, No. 4 (1997).
Posted: 14 Mar 1997
Steven Shavell
Harvard Law School

Abstract:

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109.

Causation and Tort Liability

John M. Olin Center for Law, Economics, and Business, Harvard Law School, Discussion Paper No. 193
Posted: 07 Jan 1997
Steven Shavell
Harvard Law School

Abstract:

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110.

Repeat Offenders and the Theory of Deterrence

John M. Olin Program in Law and Economics, Stanford Law School, Working Paper No. 134
Posted: 16 Dec 1996
A. Mitchell Polinsky and Steven Shavell
Stanford Law School and Harvard Law School

Abstract:

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111.

The Level of Litigation: Private Versus Social Optimality

John M. Olin Center for Law, Economics, and Business, Harvard Law School, Discussion Paper No. 184
Posted: 01 Oct 1996
Steven Shavell
Harvard Law School

Abstract:

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