A native of Italy, Francesco Parisi's own research interests are in the area of law and economics, empirical legal studies, public choice theory, comparative law and economics and game theory. He obtained his law degree from the Università degli studi di Roma la Sapienza, a master of laws and a doctor of the science of law, followed by a master's in economics, from the University of California at Berkeley, and a doctorate in economics from George Mason University, where he taught from 1993 to 2006 and headed the free-market Buchanan Center for Political Economy. He currently teaches law at the University of Minnesota, and economics at the Università di Bologna. From 2002 to 2006 he occupied the chair of private law at the Università degli Studi di Milano, where he was appointed Professore Ordinario "per chiara fama." He currently serves as editor-in-chief of the Review of Law and Economics. He edited the Supreme Court Economic Review from 2002 to 2008. He is also a member of the board of editors of the International Review of Law and Economics, the Journal of Public Choice, the American Journal of Comparative Law, and he serves on the Board of Advisors of the Social Sciences Research Network. A small sample of his publications is listed below.
Articles
Laudatio: Pietro Trimarchi, Review of Law & Economics (2009)
The text of a Laudatio delivered on September 16, 2006 by Professor Francesco Parisi on...
Lawmakers as Norm Entrepreneurs (with Emanuela Carbonara and Georg von Wangenheim), Review of Law & Economics (2009)
In this paper we consider the role of lawmakers as norm entrepreneurs. Drawing from expressive...
The Economics of Legal Harmonization (with Emanuela Carbonara), German Working Papers in Law and Economics (2009)
The global legal landscape is undergoing substantial transformations, adapting to an increasingly global market economy....
The Formation of International Treaties (with Vincy Fon), Review of Law & Economics (2009)
This paper develops a stylized model of international treaty formation and analyzes the different modalities...
The Hidden Bias of the Vienna Convention on the International Law of Treaties (with Vincy Fon), Review of Law & Economics (2009)
The process of treaty formation and reservations to multilateral treaties, enshrined in Articles 19-21 of...
Books
The Law and Economics of the European Union (with Ben Depoorter and Paul Stephan III), Ben Depoorter (2005)
Contributions to Books
Coase Theorem, NEW PALGRAVE DICTIONARY OF ECONOMICS (2007)
The Coase Theorem holds that, regardless of the initial allocation of property rights and choice...
The Economics of Tort Law: A Precis (with Giuseppe Dari-Mattiacci), The Elgar Companino to Law and Economics (2006)
Economic analysis has long been employed for the study of tort liability. This paper revisits...
The Market for Copyrights: The Price Theory of Copyright Collectives (with Ben Depoorter), THE ECONOMICS OF COPYRIGHT: DEVELOPMENTS IN RESEARCH AND ANALYSIS (2003)
This paper applies a model of complementary oligopoly and anticommons pricing to the market for...
The Market for Intellectual Property: The Case of Complementary Oligopoly (with Ben Depoorter), THE ECONOMICS OF COPYRIGHT: DEVELOPMENTS IN RESEARCH AND ANALYSIS (2003)
This paper applies a model of complementary oligopoly and anticommons pricing to the market for...
Working Papers
A Law and Economics Perspective on Terrorism (with Nuno M. Garoupa and Jonathan Klick), George Mason University School of Law Working Papers Series (2005)
This paper reviews the existing law and economics literature on crime, noting where various models...
The Comparative Law and Economics of Pure Economic Loss (with Vernon Valentine Palmer and Mauro Bussani), George Mason University School of Law Working Papers Series (2005)
Law and economics shows that a key factor in determining the optimal economic loss rule...
Modernization of European Antitrust Enforcement: The Economics of Regulatory Competition (with Ben Depoorter), George Mason University School of Law Working Papers Series (2005)
In this article we analyze the expected effects of regulatory overlap in European competition law...
The Law and Economics of Cybersecurity: An Introduction (with Mark F. Grady), George Mason University School of Law Working Papers Series (2004)
One of the most controversial theoretical issues of our time is the governance of cybersecurity....
Rents, Dissipation, and Lost Treasures with N Parties (with Giuseppe Dari-Mattiacci and Eric Langlais), George Mason University School of Law Working Papers Series (2004)
The rent-seeking literature is unanimous on the fact that, in a rent-seeking context, the rent...