Contents:

Contents: Volume I: Introduction; Part I Private Law and Property Rights: Critique of Market Failure: The problem of social cost, R.H. Coase; Social cost and public policy, Ronald H. Coase; When does the rule of liability matter?, Harold Demsetz. Does the Law of Nuisance Create a Property Right?:Property rules, liability rules and inalienability: one view of the Cathedral, Guido Calabresi and A. Douglas Melamed; Resolving nuisance disputes: the simple economics of injunctive and damage remedies, A. Mitchell Polinsky; A clear view of The Cathedral: the dominance of property rules, Richard A. Epstein; Property rules and liability rules: the Cathedral in another light, James E. Krier and Stewart J. Schwab. Strict Liability: A theory of strict liability, Richard A. Epstein; Of Coase and corn: a (sort of) defence of private nuisance, David Campbell; Motor-cars and the rule in Rylands V. Fletcher: a chapter of accidents in the history of law and motoring, J.R. Spencer. Tort Law and Technological Development I: Facilitating the Industrial Revolution: Some thoughts on risk distribution and the law of torts, Guido Calabresi; Nuisance law and the industrial revolution, Joel Franklin Brenner; Nuisance law and the industrial revolution - some lessons from social history, John P.S. McLaren. Bargaining in the Shadow of the Law of Nuisance: Injunction negotiations: an economic, moral, and legal analysis, Barton H. Thompson Jr; Nuisance law: rethinking fundamental assumptions, Edward Rabin; Of Coase and cattle: dispute resolution among neighbours in Shasta County, Robert C. Ellickson. Name index. Volume II: Tort Law and Technological Development 2: Current Policy: Trespass to negligence to absolute liability, Charles O. Gregory; The common law nuisance actions and the environmental battle - well-tempered swords or broken reeds, John P.S. McLaren; Governing science: public risks and private remedies, Barry R. Furrow. Part II Pollution, Property and Public Law: Allocation of Property Rights: The tragedy of the commons, Garrett Hardin; Toward a theory of property rights, Harold Demsetz; Common property as a concept in natural resources policy, S.V. Ciriacy-Wantrup and Richard C. Bishop; Energy and efficiency in the realignment of common-law water rights, Carol M. Rose; Dealing with pollution: market-based incentives for environmental protection, Robert N. Stavins and Bradley W. Whitehead. Market Failure: The social costs of monopoly and regulation, Richard A. Posner; The social costs of monopoly and regulation: some comments, Göran Skogh; The problem of market failure, Alan Randall; Economic theory and environmental law, Mark Sagoff. Externalities: Depletable externalities and Pigouvian taxation, A. Myrick Freeman III; The problem of externality, Carl J. Dahlman; The market mechanism, externalities, and land economics, Emery N. Castle; Free market versus political environmentalism, Terry L. Anderson and Donald R. Leal; Polluters profits and political response: direct controls versus taxes, James M. Buchanan and Gordan Tullock. Regulation: Tragically difficult; the obstacles to governing the commons, Barton H. Thompson; Reforming environmental law, Bruce A. Ackerman and Richard B. Stewart; The politics and religion of clean air, Robert W. Hahn; Reflexive environmental law, Eric W. Orts; Economic instruments for environmental regulation, T.H. Tietenberg; Name index.