This program will explore the theory of causation in the law. This has largely been a topic of tort theory, but it has applications to almost every subject area in the law. The economic approach to causation generally seeks either to provide a positive theory of causation doctrine itself, or a theory of the incentive effects of causation law. The economic approach can be distinguished from the philosophical approach in its emphasis on understanding the effects rather than the essential nature of causation rules. The panelists, significant contributors to the causation literature, will explain the lessons of the economic theory of causation and discuss criticisms of the economics of causation.
Business meeting at program conclusion.