Law and Economics Final Review

Butterfield v. Forrester

Involved a log in the road causing an accident.

Davies v. Mann

Centered around a donkey left in the road causing a collision.

Flood v. Kuhn

Related to the issue of torts in baseball.

Rector of Holy Trinity Church v. U.S.

Involved an imported rector and issues of property implications.

Bass v. Gregory

Concerns beer brewed in a cellar, discussed in Coase's article.

Boomer v. Atlantic Cement Co.

Addressed noise and dust pollution from a cement company.

Bryant v. Lefever

Related to chimney smoking, referenced in Coase's article.

Carpenter v. Double B Cattle Company

Involved disputes between a cattle lot and residents.

Cheney Bros. v. Doris Silk Co.

Concerned fashion designs and intellectual property.

O'Keefe v. Snyder

Involved a dispute over the ownership of a painting.

Scott v. Alpha Beta Company

Addressed liability regarding a wet floor and resultant injuries.

MacPherson v. Buick Motor Co.

Involved a defective wheel on a Buick car not manufactured by Buick.

Hamer v. Sidway

Involved an uncle/nephew agreement related to consideration.

Winterbottom v. Wright

Involved a defective wheel on a U.S. postal service wagon.

Calabresi & Melamed, “Property Rules, Liability Rules, and Inalienability”

Discusses different legal frameworks for property rights.

Coase, “The Problem of Social Cost”

Analyzes the implications of social costs in economic transactions.

Hardin, “The Tragedy of the Commons”

Explores the conflict between individual interests and the common good.

Landsburg, “Why I am not an environmentalist”

Critiques environmentalist ideologies from an economic perspective.

Polinsky, “Ch. 17: The Problem of Valuation”

Examines challenges in accurately valuing legal claims.

Polinsky,  “Ch. 16 A Summing Up”

Summarizes key concepts and findings from the previous chapters in the context of legal valuation.