This two-page essay is an empirical study of a one-year-old child, observed within the frame of the question asked by the title. Although unlarded with citation to published authority, the essay effectively encompasses some of the most cited economically oriented tests for tort liability. Concluding that the answer to the question in the title is yes, the writer poses a final, philosophical issue.
Date of this Version
Marshall S. Shapo, "Are Babies Efficient?" (February 2005). Law and Economics Papers. Working Paper 10.