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Legal Philosophy: The Economic Analysis of Law |
 | | Ronald Coase [1961] and Guido Calabresi [1961] are generally identified as the seminal articles but Commons [1924] and Hale [1952] among others had brought economic thinking to the study of law in the 1910s and 1920s. |
 | | Moreover, as I will elaborate below, economic analysis of law derives from several different intellectual traditions in economics. |
 | | Calabresi, Guido [1961] Some Thoughts on Risk Distribution and the Law of Torts, 70 Yale L.J. Coase, Ronald [1961] "The Problem of Social Cost," 3 Journal of Law and Economics 1. |
| plato.stanford.edu /entries/legal-econanalysis (7501 words) |