Nuisance
Document Type
Book Chapter
Publication Date
9-2014
Editor(s)
Alain Marciano & Giovanni Battista Ramello
ISBN
9781461478836
Publisher
Springer
Language
en-US
Abstract
This entry sets out the law and the economic theory of nuisance. Nuisance law serves a regulatory function: it induces actors to choose the socially preferred level of an activity by imposing liability when the externalized costs of the activity are substantially greater than the externalized benefits or not reciprocal to other background external costs. Proximate cause doctrine plays a role in supplementing nuisance law.
Recommended Citation
Keith N. Hylton,
Nuisance
,
in
Encyclopedia of Law and Economics
(Alain Marciano & Giovanni Battista Ramello ed.,
2014).
Available at:
https://doi.org/10.1007/978-1-4614-7883-6_10-1
Working paper version.
Please note the file available on SSRN may not be the final published version of this work.
