Steven M. Shavell

Articles

135. When Is Compliance With The Law Socially Desirable?
(Journal of Legal Studies, 2012, Vol. 41, 1-36)

134. A. Mitchell Polinsky & Steven Shavell, Mandatory Versus Voluntary Disclosure of Product Risks
(Journal of Law, Economics & Organization, 2012, Vol. 28, 360-379)

133. Should BP Be Liable for Economic Losses Due to the Moratorium on Oil Drilling Imposed after the Deepwater Horizon Accident?
(Vanderbilt Law Review, 2011, Vol. 64, 1995-2008)

132. Corrective Taxation versus Liability
(American Economic Review, 2011, Vol. 101, 273-276.)

131. Should Copyright of Academic Works be Abolished?
(Journal of Legal Analysis, 2010, Vol. 2, 301-358.)

130. Eminent Domain versus Government Purchase of Land Given Imperfect Information About Owners’ Valuations
(Journal of Law and Economics, 2010, Vol. 53, 1-27)

129. A. Mitchell Polinsky & Steven Shavell, A Skeptical Attitude about Product Liability Is Justified: A Reply to Professors Goldberg and Zipursky
(Harvard Law Review, 2010, Vol. 123, 1949-1968)

128. A. Mitchell Polinsky & Steven Shavell, The Uneasy Case for Product Liability
(Harvard Law Review, 2010, Vol. 123, 1437-1492.)

127. On the Design of the Appeals Process: The Optimal Use of Discretionary Review versus Direct Appeal
(Journal of Legal Studies, 2010, Vol. 39, 63-107)

126. Why Breach Of Contract May Not Be Immoral Given The Incompleteness Of Contracts
(Michigan Law Review, vol. 107, no. 8, June 2009, 1569-1581.)

125. Polinsky, A. Mitchell & Steven Shavell, Public Enforcement of Law
(The New Palgrave Dictionary of Economics, 2nd edition, 2008)

124. Polinsky, A. Mitchell & Steven Shavell, Economic Analysis of Law
(The New Palgrave Dictionary of Economics, 2nd edition, 2008)

123. Liability for Accidents
(The New Palgrave Dictionary of Economics, 2nd edition, 2008)

122. Law and Economics
(International Encyclopedia of the Social Sciences, 2nd edition, William A. Darity, ed., Detroit, Macmillan. 2008. Vol. 4, 367-369)

121. On Optimal Legal Change, Past Behavior, and Grandfathering
(Journal of Legal Studies, 2008 Vol. 37, 37-85)

120. Contractual Holdup and Legal Intervention
(Journal of Legal Studies, 2007 Vol. 36, 325-354)

119. Liability for Accidents
(Handbook of Law and Economics, Vol. 1, A. Mitchell Polinsky and Steven Shavell, eds., Elsevier, 2007, 139-182)

118. Polinsky, A. Mitchell & Steven Shavell, Public Enforcement of Law
(Handbook of Law and Economics, Vol. 1, A. Mitchell Polinsky and Steven Shavell, eds., Elsevier, 2007, 403-454)

117. Kaplow, Louis & Steven Shavell, Toward a Theory of a Moral System that Optimally Channels Behavior
(Journal of Political Economy. 2007, Vol. 115, 494-514)

116. Optimal Discretion in the Application of Rules
(American Law and Economics Review, Volume 9, Number 1, June 2007, pages 175-194)

115. On the Proper Magnitude of Punitive Damages: Mathias V. Accor Economy Lodging
(Harvard Law Review, Volume 120, March 2007, pages 1223-1227)

114. Do Excessive Legal Standards Discourage Desirable Activity?
(Economics Letters, Volume 95, 2007, pages 394-397)

113. On the Writing and Interpretation of Contracts
(Journal of Law, Economics & Organization, Volume 22, Number 2, October 2006, pages 289-314)

112. Is Breach of Contract Immoral?
(Emory Law Journal, Volume 56, No. 2, 2006, pages 439-460)

111. Specific Performance versus Damages for Breach of Contract: An Economic Analysis
(Texas Law Review, Volume 84, Number4, March 2006, pages 831-876)

110. The Appeals Process and Adjudicator Incentives
(Journal of Legal Studies, Volume 35, 2006, pages 1-29)

109. Rosenberg, David & Steven Shavell,
A Solution to the Problem of Nuisance Suits: The Option to Have the Court Bar Settlement
(International Review of Law and Economics, Volume 26, Issue 1, March 2006, pages 42-51)

108. Rosenberg, David & Steven Shavell, A Simple Proposal to Halve Litigation Costs
(University of Virginia Law Review, Volume 91, 2005, pages 1721-1735)

107. Minimum Asset Requirements and Compulsory Liability Insurance as Solutions to the Judgment-Proof Problem
(RAND Journal of Economics, Volume 36, Number 1, Spring 2005, pages 63-77)

106. Kaplow, Louis & Steven Shavell, Reply to Ripstein: Notes on Welfarist versus Deontological Principles
(Economics and Philosophy, Volume 20, 2004, page 209)

105. Lando, Henrik & Steven Shavell, The Advantage of Focusing Law Enforcement Effort
(International Review of Law & Economics, Volume 24, 2004, pages 209-218)

104. Any Non-Welfarist Method of Policy Assessment Violates the Pareto Principle: Reply
(Journal of Political Economy, Volume 112, Number 1, Part 1, February 2004, pages 249-251)

103. Kaplow, Louis & Steven Shavell, Fairness versus Welfare: Notes on the Pareto Principle, Preferences, and Distributive Justice
(Journal of Legal Studies, Volume 32, Number 1, January 2003, pages 331-362)

102. Law versus Morality as Regulators of Conduct
(American Law and Economics Review, Volume 4, Number 2, 2002, pages 227-257)

101. Kaplow, Louis & Steven Shavell, On the Superiority of Corrective Taxes to Quantity Regulation
(American Law and Economics Review, Volume 4, Number 1, Spring 2002, pages 1-17)

100. Spier, Kathryn E. & Steven Shavell, Threats Without Binding Commitment
(Topics in Economic Analysis & Policy, Volume 2, Number 1, 2002, article 2)

99. Kaplow, Louis & Steven Shavell, Economic Analysis of Law
(Handbook of Public Economics, Volume 3, Alan J. Auerbach and Martin Feldstein (editors), Elsevier, 2002, pages 1661-1784)

98. Shavell, Steven & Tanguy van Ypersele, Rewards versus Intellectual Property Rights
(Journal of Law and Economics, Volume 44, Number 2, October 2001, pages 525-547)

97. Polinsky, A. Mitchell & Steven Shavell, Corruption and Optimal Law Enforcement
(Journal of Public Economics, Volume 81, Number 1, July 2001, pages 1-24)

96. Polinsky, A. Mitchell & Steven Shavell, Law: Economics of its Public Enforcement
(International Encyclopedia of the Social and Behavioral Sciences, Volume 12, Neil J. Smelser and Paul B. Baltes (editors), Elsevier, 2001, pages 8510-8517)

95. Law and Economics
(International Encyclopedia of the Social and Behavioral Sciences, Volume 12, Neil J. Smelser and Paul B. Baltes (editors), Elsevier, 2001, pages 8446-8452)

94. Polinsky, A. Mitchell & Steven Shavell, Punitive Damages: An Economic Perspective
(Chapter 13 of Litigation Services Handbook, Third edition, Roman L. Weil, Michael J. Wagner, Peter B. Frank (editors), John Wiley & Sons, 2001)

93. Kaplow, Louis & Steven Shavell, Any Non-Welfarist Method of Policy Assessment Violates the Pareto Principle
(Journal of Political Economy, Volume 109, Number 2, April 2001, pages 281-286)

92. Kaplow, Louis & Steven Shavell, Fairness versus Welfare
(Harvard Law Review, Volume 114, Number 4, February 2001, pages 961-1388)

91. Kaplow, Louis & Steven Shavell, Notions of Fairness versus The Pareto Principle: On the Role of Logical Consistency
(Yale Law Journal, Volume 110, Number 2, November 2000, pages 237-249)

90. Polinsky, A. Mitchell & Steven Shavell, The Fairness of Sanctions: Some Implications for Optimal Enforcement Policy
(American Law and Economics Review, Volume 2, Number 2, Fall 2000, pages 223-237)

89. Polinsky, A. Mitchell & Steven Shavell, Public Enforcement of Law
(Encyclopedia of Law and Economics, Volume V, Boudewijn Bouckaert and Gerritt De Geest (editors), Edward Elgar, Northamptom, MA, 2000, pages 307-344)

88. Polinsky, A. Mitchell & Steven Shavell, Punitive Damages
(Encyclopedia of Law and Economics, Volume II, Boudewijn Bouckaert and Gerritt De Geest (editors), Edward Elgar, Northamptom, MA, 2000, pages 764-781)

87. Kaplow, Louis & Steven Shavell, Should Legal Rules Favor the Poor? Clarifying the Role of Legal Rules and the Income Tax in Redistributing Income
(Journal of Legal Studies, Volume 29, Number 2, June 2000, pages 821-835)

86. Polinsky, A. Mitchell & Steven Shavell, The Economic Theory of Public Enforcement of Law
(Journal of Economic Literature, Volume 38, Number 1, March 2000, pages 45-76)

85. On the Social Function and the Regulation of Liability Insurance
(Geneva Papers on Risk and Insurance, Issues and Practice, Volume 25, Number 2, April 2000, pages 166-179)

84. Kaplow, Louis & Steven Shavell, The Conflict Between Notions of Fairness and the Pareto Principle
(American Law and Economics Review, Volume 1, Numbers 1 & 2, Fall 1999, pages 63-77)

83. Bebchuk, Lucian & Steven Shavell, Reconsidering Contractual Liability and the Incentive to Reveal Information
(Stanford Law Review, Volume 51, Number 6, July 1999, pages 1615-1627)

82. The Level of Litigation: Private versus Social Optimality
(International Review of Law and Economics, Volume 19, Number 1, March 1999, pages 99-115)

81. Polinsky, A. Mitchel & Steven Shavell, On the Disutility and Discounting of Imprisonment and the Theory of Deterrence
(Journal of Legal Studies, Volume 28, Number 1, January 1999, pages 1-16)

80. Polinsky, A. Mitchel & Steven Shavell, On Offense History and the Theory of Deterrence
(International Review of Law and Economics, Volume 18, Number 3, September 1998, pages 305-324)

79. Polinsky, A. Mitchell & Steven Shavell, Punitive Damages
(The New Palgrave Dictionary of Economics and the Law, Volume 3 (P-Z), Peter Newman (editor), Stockton Press, New York, 1998, pages 192-198)

78. Polinsky, A. Mitchell & Steven Shavell, Public Enforcement of Law
(The New Palgrave Dictionary of Economics and the Law, Volume 3 (P-Z), Peter Newman (editor), Stockton Press, New York, 1998, pages 178-188)

77. Contracts
(The New Palgrave Dictionary of Economics and the Law, Volume 1 (A-D), Peter Newman (editor), Stockton Press, New York, 1998, pages 436-445)

76. Causation and Tort Liability
(The New Palgrave Dictionary of Economics and the Law, Volume 1 (A-D), Peter Newman (editor), Stockton Press, New York, 1998, pages 211-214)

75. Legal Advice
(The New Palgrave Dictionary of Economics and the Law, Volume 2 (E-O), Peter Newman (editor), Stockton Press, New York, 1998, pages 516-520)

74. Polinsky, A. Mitchell & Steven Shavell, Punitive Damages: An Economic Analysis
(Harvard Law Review, Volume 111, 1998, pages 869-962)

73. The Fundamental Divergence Between the Private and the Social Motive to Use the Legal System
(Journal of Legal Studies, Volume 26, Number 2, Part 2, June 1997, pages 575-612)

72. The Optimal Level of Corporate Liability Given the Limited Liability of Corporations to Penalize Their Employees
(International Review of Law and Economics, Volume 17, 1997, pages 203-213)

71. Reply to a Comment on "The Appeals Process as a Means of Error Correction"
(Legal Theory, Volume 2, 1996, pages 83-85)

70. Any Frequency of Plaintiff Victory at Trial is Possible
(Journal of Legal Studies, Volume 25, Number 2, 1996, pages 493-501)

69. Kaplow, Louis & Steven Shavell, Accuracy in the Assessment of Damages
(Journal of Law and Economics, Volume 39, Number 1, 1996, pages 191-210)

68. Kaplow, Louis & Steven Shavell, Property Rules versus Liability Rules: An Economic Analysis
(Harvard Law Review, Volume 109, Number 4, 1996, pages 713-790)

67. Kaplow, Louis & Steven Shavell, Do Liability Rules Facilitate Bargaining? A Reply to Ayres and Talley
(Yale Law Journal, Volume 105, Number 1, 1995, pages 221-233)

66. The Appeals Process as a Means of Error Correction
(Journal of Legal Studies, Volume 24, Number 2, June 1995, pages 379-426)

65. Alternative Dispute Resolution: An Economic Analysis
(Journal of Legal Studies, Volume 24, Number 1, January 1995, pages 1-28)

64. Polinsky, A. Mitchell & Steven Shavell, Should Liability be Based on the Harm to the Victim or the Gain to the Injurer?
(Journal of Law, Economics and Organization, Volume 10, Number 2, 1994, pages 427-437)

63. Kraakman, Reinier, Hyun Park & Steven Shavell, When Are Shareholder Suits in Shareholder Interests?
(Georgetown Law Journal, Volume 82, Number 5, 1994, pages 1733-1775)

62. Kaplow, Louis & Steven Shavell, Optimal Law Enforcement with Self-Reporting of Behavior
(Journal of Political Economy, Volume 102, Number 3, June 1994, pages 583-606)

61. Polinsky, A. Mitchell & Steven Shavell, A Note on Optimal Cleanup and Liability After Environmentally Harmful Dishcarges
(Research in Law and Economics, Volume 16, 1994, pages 17-24)

60. Kaplow, Louis & Steven Shavell, Why the Legal System is Less Efficient Than the Income Tax in Redistributing Income
(Journal of Legal Studies, Volume 23, Number 2, June 1994, pages 667-681)

59. Kaplow, Louis & Steven Shavell, Accuracy in the Determination of Liability
(Journal of Law and Economics, Volume 37, Number 1, April 1994, pages 1-15)

58. Acquisition and Disclosure of Information Prior to Sale
(RAND Journal of Economics, Volume 25, Number 1, Spring 1994, pages 20-36)

57. The Optimal Structure of Law Enforcement
(Journal of Law and Economics, Volume 36, Number 1, Part 2, April 1993, pages 255-287)

56. An Economic Analysis of Threats and Their Illegality: Blackmail, Extortion, and Robbery
(University of Pennsylvania Law Review, Volume 141, Number 5, 1993, pages 1877-1903)

55. Contingent Valuation of the Nonuse Value of Natural Resources: Implications for Public Policy and the Liability System
(Contingent Valuation: A Critical Assessment, Jerry A. Hausman (editor), Elsevier, Amsterdam, 1993, pages 371-385)

54. Polinsky, A. Mitchell & Steven Shavell, Should Employees be Subject to Fines and Imprisonment Given Existence of Corporate Liability?
(International Review of Law and Economics, Volume 13, Number 3, September 1993, pages 239-257)

53. Suit versus Settlement when Parties Seek Nonmonetary Judgments
(Journal of Legal Studies, Volume 22, Number 1, January 1993, pages 1-13)

52. Kaplow, Louis & Steven Shavell, Private versus Socially Optimal Provision of Ex Ante Legal Advice
(Journal of Law, Economics and Organization, Volume 8, Number 2, 1992, pages 306-320)

51. A Note on Marginal Deterrence
(International Review of Law and Economics, Volume 12, September 1992, pages 345-355)

50. Liability and the Incentive to Obtain Information about Risk
(Journal of Legal Studies, Volume 21, Number 2, June 1992, pages 259-270)

49. Polinsky, A. Mitchell & Steven Shavell, Enforcement Costs and the Optimal Magnitude and Probability of Fines
(Journal of Law and Economics, Volume 35, Number 1, April 1992, pages 133-148)

48. Comment on "Liability and the Incentives for Innovations", by J. Finsinger
(Economic Analysis of Law - A Collection of Applications, Wolfgang Weigel (editor), University of Vienna Press, Austria, 1991, page 196)

47. Bebchuk, Lucian & Steven Shavell, Information and the Scope of Liability for Breach of Contract: The Rule of Hadley v. Baxendale
(Journal of Law, Economics and Organization, Volume 7, Number 2, 1991, pages 284-312)

46. Individual Precautions to Prevent Theft: Private versus Socially Optimal Behavior
(International Review of Law and Economics, Volume 11, September 1991, pages 123-132)

45. Specific versus General Enforcement of Law
(Journal of Political Economy, Volume 99, Number 5, October 1991, pages 1088-1108)

44. Polinsky, A. Mitchell & Steven Shavell, A Note on Optimal Fines When Wealth Varies Among Individuals
(American Economic Review, Volume 81, Number 3, June 1991, pages 618-621)

43. An Economic Analysis of Altruism and Deferred Gifts
(Journal of Legal Studies, Volume 20, Number 2, June 1991, pages 401-421)

42. Adams, Micheal & Steven Shavell, Zur Strafbarkeit des Versuchs
(Goltdammer's Archiv fur Stratfrecht, Volume 137, August 1990, pages 337-386)

41. Kaplow, Louis & Steven Shavell, Legal Advice about Acts Already Committed
(International Review of Law and Economics, Volume 10, June 1990, pages 149-159)

40. Deterrence and the Punishment of Attempts
(Journal of Legal Studies, Volume 19, June 1990, pages 435-466)

39. Sharing of Information Prior to Settlement or Litigation
(RAND Journal of Economics, Volume 20, Summer 1989, pages 183-195)

38. Optimal Sanctions and the Incentive to Provide Evidence to Legal Tribunals
(International Review of Law and Economics, Volume 9, June 1989, pages 3-11)

37. Polinsky, A. Mitchell & Steven Shavell, Legal Error, Litigation, and the Incentive to Obey the Law
(Journal of Law, Economics and Organization, Volume 5, Spring 1989, pages 99-108)

36. Kaplow, Louis & Steven Shavell, Legal Advice About Information to Present in Litigation: Its Effects and Social Desirability
(Harvard Law Review, Volume 102, January 1989, pages 565-615)

35. A Note on the Incentive to Reveal Information
(Geneva Papers on Risk and Insurance, Volume 14, January 1989, pages 66-74)

34. Legal Advice about Contemplated Acts: The Decision to Obtain Advice, its Social Desirability, and Protection of Confidentiality
(Journal of Legal Studies, Volume 17, January 1988, pages 123-150)

33. The Optimal Use of Nonmonetary Sanctions as a Deterrent
(American Economic Review, Volume 77, September 1987, pages 584-592)

32. A Model of Optimal Incapacitation
(American Economic Review, Volume 77, May 1987, pages 107-110)

31. The Judgment Proof Problem
(International Review of Law and Economics, Volume 6, Number 1, June 1986, pages 45-58)

30. Criminal Law and the Optimal Use of Nonmonetary Sanctions as a Deterrent
(Columbia Law Review, Volume 85, October 1985, pages 1232-1262)

29. Uncertainty Over Causation and the Determination of Civil Liability
(Journal of Law and Economics, Volume 28, October 1985, pages 587-609)

28. Rosenberg, David & Steven Shavell, A Model in Which Suits are Brought for Their Nuisance Value
(International Review of Law and Economics, Volume 5, June 1985, pages 3-13)

27. Polinsky, A. Mitchell & Steven Shavell, The Optimal Use of Fines and Imprisonment
(Journal of Public Economics, Volume 24, 1984, pages 89-99)

26. Liability for Harm versus Regulation of Safety
(Journal of Legal Studies, Volume 13, June 1984, pages 357-374)

25. A Model of the Optimal Use of Liability and Safety Regulation
(RAND Journal of Economics, Volume 15, Summer 1984, pages 271-280)

24. The Design of Contracts and Remedies for Breach
(Quarterly Journal of Economics, Volume 99, February 1984, pages 121-148)

23. Torts in Which Victim and Injurer Act Sequentially
(Journal of Law and Economics, Volume 26, October 1983, pages 589-612)

22. Polinsky, A. Mitchell & Steven Shavell, Pigouvian Taxation with Administrative Costs
(Journal of Public Economics, Volume 19, 1982, pages 385-394)

21. The Social versus the Private Incentive to Bring Suit in a Costly Legal System
(Journal of Legal Studies, Volume 11, June 1982, pages 333-339)

20. On Liability and Insurance
(Bell Journal of Economics, Volume 13, Number 1, Spring 1982, pages 120-132)

19. Suit, Settlement, and Trial: A Theoretical Analysis Under Alternative Methods for the Allocation of Legal Costs
(Journal of Legal Studies, Volume 11, January 1982, pages 55-81)

18. A Note on Efficiency vs. Distributional Equity in Legal Rulemaking: Should Distributional Equity Matter Given Optimal Income Taxation?
(American Economic Review, Volume 71, May 1981, pages 414-418)

17. Polinsky, A. Mitchell & Steven Shavell, Contribution and Claim Reduction Among Antitrust Defendants: An Economic Analysis
(Standford Law Review, Volume 33, February 1981, pages 447-471)

16. Damage Measures for Breach of Contract
(Bell Journal of Economics, Volume 11, Autumn 1980, pages 466-490)

15. An Analysis of Causation and the Scope of Liability in the Law of Torts
(Journal of Legal Studies, Volume 9, June 1980, pages 463-516)

14. Strict Liability versus Negligence
(Journal of Legal Studies, Volume 9, January 1980, pages 1-25)

13. Shavell, Steven & Laurence Weiss, The Optimal Payment of Unemployment Insurance Benefits Over Time
(Journal of Political Economy, Volume 87, December 1979, pages 1347-1362)

12. Polinsky, A. Mitchell & Steven Shavell, The Optimal Tradeoff Between the Probability and Magnitude of Fines
(American Economic Review, Volume 69, December 1979, pages 880-891)

11. On Moral Hazard and Insurance
(Quarterly Journal of Economics, Volume 92, November 1979, pages 541-562)

10. Risk Sharing and Incentives in the Principal and Agent Relationship
(Bell Journal of Economics, Volume 10, Spring 1979, pages 55-73)

9. Do Managers Use Their Information Efficiently?
(American Economic Review, Volume 68, December 1978, pages 935-937)

8. Theoretical Issues in Medical Malpractice
(The Economics of Medical Malpractice, S. Rottenberg (editor), American Enterprise Institute, Washington, D.C., 1978, pages 35-64)

7. Amenities and Property Values in a Model of an Urban Area: A Reply
(Journal of Public Economics, Volume 9, February 1978, pages 111-112)

6. Sharing Risks of Deferred Payment
(Journal of Political Economy, Volume 84, January 1976, pages 161-168)

5. Polinsky, A. Mitchell & Steven Shavell, Amenities and Property Values in a Model of an Urban Area
(Journal of Public Economics, Volume 5, 1976, pages 119-129)

4. Polinsky, A. Mitchell & Steven Shavell, The Air Pollution and Property Value Debate
(Review of Economics and Statistics, Volume 57, February 1975, pages 100-104)

3. Kohn, Meir & Steven Shavell, The Theory of Search
(Journal of Economic Theory, Volume 9, October 1974, pages 93-123)

2. Costs of the 1964-1965 Measles Epidemic
(Proc. 6th Annual Immunization Conference, U.S. Dept. of Health, Education, and Welfare, 1969, pages 43-47)

1. Axnick, Norman, Steven Shavell & John Witte, Benefits Due to Immunization Against Measles
(Public Health Reports, Volume 84, August 1969, pages 673-680)