Show simple item record

dc.contributor.authorSchwartz, Alan
dc.date2021-11-25T13:34:14.000
dc.date.accessioned2021-11-26T11:34:49Z
dc.date.available2021-11-26T11:34:49Z
dc.date.issued1976-01-01T00:00:00-08:00
dc.identifierfss_papers/1114
dc.identifier.contextkey1673303
dc.identifier.urihttp://hdl.handle.net/20.500.13051/306
dc.description.abstractRules which redistribute wealth make some people better off at the expense of other people; they improve the welfare of particular persons' by giving them money, goods, or services. Rules which are sometimes termed general encourage the performance of duties with which all must comply; they improve the general welfare by enabling activities to be carried on efficiently, safely, and predictably. Legal rules sometimes have both distributional and general effects. Thus reducing poverty, a distributional goal, may reduce crime, which would in turn facilitate commerce. And enforcing contracts, pursuant to the general rule requiring this, redistributes wealth in favor of prudent bargainers. I will characterize a legal rule as "distributional" if (i) it produces only distributional effects or (ii) is adopted because its distributional effects are sought. A rule is then "general" if (i) it produces no distributional effects or (ii) is adopted because its general welfare effects are sought.
dc.titleProducts Liability and Judicial Wealth Redistributions
dc.source.journaltitleFaculty Scholarship Series
refterms.dateFOA2021-11-26T11:34:49Z
dc.identifier.legacycoverpagehttps://digitalcommons.law.yale.edu/fss_papers/1114
dc.identifier.legacyfulltexthttps://digitalcommons.law.yale.edu/cgi/viewcontent.cgi?article=2108&context=fss_papers&unstamped=1


Files in this item

Thumbnail
Name:
Products_Liability_and_Judicia ...
Size:
2.132Mb
Format:
PDF

This item appears in the following Collection(s)

Show simple item record