Unity in Tort, Contract, and Property: The Model of Precaution, 73
Cal. L. Rev.
Available at: http://scholarship.law.berkeley.edu/facpubs/1450
Explores how common law combine the goal of compensation with the goal of minimizing social costs. Goals for adopting allocative cost rules; Description of a simple model as applied to torts, contracts and property; Three common-law mechanisms for compensating victims.