Abstract
Scholars of law and economics have produced a huge amount of literature on how to design an optimal legal standard in tort law to regulate international torts. However, there are few works to use these theories in the analysis of tort law in an individual jurisdiction. In this paper, I apply a law-and-economics analytical framework to the study of the legal standards for deceit in English tort law with an aim to show that the law-and-economics approach could generate new insights valuable to broad our understanding of the law of deceit.
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