The Choice between Property Rules and Liability Rules Revisited: Critical Observations from Behavioral Studies

Texas Law Review

Volumn 80, Issue 2, 2001, Pages

  Lewinsohn Zamir, Daphna ^a  

^a NONE

Author keywords

[No Author keywords available]

Indexed keywords

EID: 0041328954     PISSN: 00404411     EISSN: None     Source Type: Journal    
DOI: None     Document Type: Article

References (5)

1. Guido Calabresi & A. Douglas Melamed, Property Rules, Liability Rules, and Inalienability: One View of the Cathedral, 85 HARV. L. REV. 1089 (1972).
2. Id. at 1092, 1105-07. Since most entitlements are protected by either a property rule or a liability rule, this Article will focus on the choice between these two types of rules. I shall not discuss the third, rarer type of rule addressed in Calabresi & Melamed's article - rules prohibiting alienation of entitlements. On rules against alienation, see id. at 1111-15; Margaret Jane Radin, Market-Inalienability, 100 HARV. L. REV. 1849 (1987); and Susan Rose-Ackerman, Inalienability and the Theory of Property Rights, 85 COLUM. L. REV. 931 (1985).
3. Id. at 1092, 1105-07. Since most entitlements are protected by either a property rule or a liability rule, this Article will focus on the choice between these two types of rules. I shall not discuss the third, rarer type of rule addressed in Calabresi & Melamed's article - rules prohibiting alienation of entitlements. On rules against alienation, see id. at 1111-15; Margaret Jane Radin, Market-Inalienability, 100 HARV. L. REV. 1849 (1987); and Susan Rose-Ackerman, Inalienability and the Theory of Property Rights, 85 COLUM. L. REV. 931 (1985).
4. Id. at 1092, 1105-07. Since most entitlements are protected by either a property rule or a liability rule, this Article will focus on the choice between these two types of rules. I shall not discuss the third, rarer type of rule addressed in Calabresi & Melamed's article - rules prohibiting alienation of entitlements. On rules against alienation, see id. at 1111-15; Margaret Jane Radin, Market-Inalienability, 100 HARV. L. REV. 1849 (1987); and Susan Rose-Ackerman, Inalienability and the Theory of Property Rights, 85 COLUM. L. REV. 931 (1985).
5. Calabresi & Melamed, supra note 1, at 1096-100.