About Robert Cooter
Robert Cooter is the Herman F. Selvin Professor of Law at Berkeley. He was educated at Swarthmore College, Oxford University, and Harvard University. He pioneered the field of law and economics. He also co-founded a company for scholarly communication on the internet named The Berkeley Electronic Press. His books include Law and Economics (6th edition, translated into many language, with Tom Ulen), The Strategic Constitution (Princeton, 2000), Solomon’s Knot: How Law Can End the Poverty of Nations (Princeton, 2012, with Hans Bernd Schaefer), and Getting Incentives Right: Improving Torts, Contracts, and Restitution (Princeton University Press, 2014; with Ariel Porat). Sign up to receive notification of all new uploads or only those uploads meeting the content criteria that you specify.
|Present||Co-Director, Berkeley Program in Law and Economics, Berkeley Law|
|Present||Herman F. Selvin Professor of Law, Berkeley Law|
Room 792 Simon Hall
School of Law
University of California,
Berkeley, CA 94720, USA
Community Versus Market Values of Life William & Mary Law Review (2016)
Individuals and communities make choices affecting the risk of accidental death. Individuals balance risk and cost in market choices, for example, by purchasing costly safety products or taking a dangerous job for higher pay. Communities ...
Lapses of Attention in Medical Malpractice and Road Accidents Coase-Sandor Working Paper Series in Law and Economics (2014)
A doctor who lapses and injures her patient, and a driver who lapses and causes an accident, are liable under negligence law for the harm done. But lapse is not necessarily negligence, since reasonable people ...
The Secret of Growth Is Financing Secrets: Corporate Law and Growth Economics Journal of Law and Economics (2011)
Innovative businesses unite capital and new ideas, which requires overcoming the double trust dilemma -- investors fear losing their wealth and innovators fear losing their ideas. To overcome this dilemma, 17th century spice traders invented ...
Academic Scribblers and Defunct Ecnomists University of Toronto Law Journal (2010)
Three broad theoretical approaches characterize the history of development economics:state-led growth, which dominated from the 1930s until roughly 1980; liberalizationtheory (the ‘Washington Consensus’), which dominated in the 1980s; and institutionalism,which dominated subsequently. After 2000, development ...
UC system: layoffs, not pay cuts Los Angeles Times: Opinion (2009)
The University of California should should respond to the financial crisis of 2009 by reducing employment, not salaries. Employment should be reduced by eliminating inferior programs and activities remote from the core mission of teaching ...
American Indian Law Codes: Pragmatic Law and Tribal Identity American Journal of Comparative Law (2008)
The United States has recognized the power of American Indian tribes to make laws at least since 1934. Most tribes, however, did not write down many of their laws until the 1960s. Written laws have ...
The Misperception of Norms: The Psychology of Bias and the Economics of Equilibrium Review of Law and Economics (2008)
This study combines the psychology of bias and the economics of equilibrium. We focus on two of the most discussed perceptual biases found by psychologists who studied the role social norms in ethical decision making. ...
Total Liability for Excessive Harm Journal of Legal Studies (2007)
The total social harm caused by everyone is often verifiable and the harm that each actor causes is often unverifiable. In these circumstances, the authorities lack the information necessary to implement the usual liability rules ...
An Escape from Poverty: Developing Productive Organization Southwestern Journal of Law and Trade in the Americas (2006)
Keynote address on "Innovation, Information, and the Poverty of Nations." My premise is that in the modern world, defective legal institutions cause national poverty and that all nations now have the opportunity to escape poverty ...
The Intrinsic Value of Obeying a Law: Economic Analysis of the Internal Viewpoint Fordham Law Review (2006)
Economic theory distinguishes sharply between what a person wants and what he can have. "Preferences" describe what a person wants, and "constraints" describe the limits of what he can have. The collision of preferences and ...
Liability Externalities and Mandatory Choices: Should Doctors Pay Less? Journal of Tort Law (2006)
According to legal principles, a driver who negligently breaks a pedestrian's leg should pay the same damages as a doctor who negligently breaks a patient's leg. According to economic principles, however, the driver should pay ...
Charity, Publicity and the Donation Registry The Economists' Voice (2005)
Many Americans donate little or nothing to charity, but according to Robert Cooter and Brian Broughman, our social environment is the cause, not human nature. They propose a small policy change to increase transparency and ...