Modeling the Choice Between Regulation and Liability in Terms of Social Welfare

Prices vs. Quantities

Martin L. Weitzman · The Review of Economic Studies · 1974 · 2.8K citations

Social Sciences, Business Economics, Economics +11

A Model of the Optimal Use of Liability and Safety Regulation

Steven Shavell · The RAND Journal of Economics · 1984 · 511 citations

Business, Regulatory Policy, Risk Management +13

The judgment proof problem

Steven Shavell · International Review of Law and Economics · 1986 · 503 citations

Education, Philosophy, Judicial Review +1

Differential Taxation, Public Goods, and Economic Efficiency

Joseph E. Stiglitz, P. Dasgupta · The Review of Economic Studies · 1971 · 472 citations

Social Sciences, Economics, Public Economics +12

Liability for Harm versus Regulation of Safety

Steven Shavell · The Journal of Legal Studies · 1984 · 346 citations · Full text

Law, Health Law, Tort Law +9