Includes bibliographical references and index.

The problem of social cost / R.H. Coase (1960) -- Property rules, liability rules, and inalienability: one view of the cathedral / Guido Calabresi and A. Douglas Melamed (1972) -- Property rules versus liability rules: an economic analysis / Louis Kaplow and Steven Shavell (1996) -- Liability for harm versus regulation of safety / Steven Shavell (1984) -- A theory of negligence / Richard A. Posner (1972) -- A theory of strict liability / Richard A. Epstein (1973) -- Toward an economic theory of liability / John Prather Brown (1973) -- Strict liability versus negligence / Steven Shavell (1980) -- Strict liability vs. negligence in a market setting / A. Mitchell Polinsky (1980) -- A new positive economic theory of negligence / Mark F. Grady (1983) -- Some effects of uncertainty on compliance with legal standards / John E. Calfee and Richard Craswell (1984) -- Concerning cause and the law of torts: an essay for Harry Kalven, Jr. / Guido Calabresi (1975) -- An analysis of causation and the scope of liability in the law of torts / Steven Shavell (1980) -- Causation in tort law: an economic approach / William M. Landes and Richard A. Posner (1983) -- Causation and incentives to take care under the negligence rule / Marcel Kahan (1989) -- The welfare implications of costly litigation for the level of liability / A. Mitchell Polinsky and Daniel L. Rubinfeld (1988) -- Decoupling liability: optimal incentives for care and litigation / A. Mitchell Polinsky and Yeon-Koo Che (1991) -- The value of life in legal contexts: survey and critique / W. Kip Viscusi (2000).