Document Type
Article
Publication Title
UCLA Journal of Environmental Law and Policy
Abstract
We now turn to the focus of this paper - the uses that we make of economic analysis in considering common law rules of liability for pollution damage. We introduce the subject to our students in four steps: 1. Overview of the basic concepts of economic analysis. 2. Preliminary application of the concepts to traditional common law rules. 3. Extension and qualification of the analysis. 4. Detailed application of the analysis to four alternative rules of decision. The balance of our discussion takes up these points in order.
First Page
13
DOI
https://doi.org/10.5070/L511018601
Volume
1
Publication Date
1980
Recommended Citation
James E. Krier & Richard B. Stewart,
Using Economic Analysis in Teaching Environmental Law: The Example of Common Law Rules,
1
UCLA Journal of Environmental Law and Policy
13
(1980).
Available at:
https://gretchen.law.nyu.edu/fac-articles/1130
