After lecturing briefly at University of California, Berkeley (1990–91) and Louisiana State University Law Center (1991–93), Parisi was a member of the faculty of George Mason University School of Law from 1993 to 2006. The University of Minnesota Law School recruited Parisi in 2006.
At the University of Minnesota, Parisi has taught methodological courses in law and economics, including seminars in game theory, public choice, and social choice. Since 2002, Parisi has split his time between teaching in the United States and Italy. He taught at the University of Milan from 2002 to 2006 and has taught at the University of Bologna since 2006, where he remains a member of the economics faculty.
Parisi's has written on a number of legal topics. His early writings included historical and comparative analyses of the evolution of the law; more recent research has been entirely in the domain of law and economics. Parisi's work is often technical, relying on mathematical models and formal proofs to establish a practical point about the incentive structure of the law. In particular, his work often focuses on logical symmetries, secondary effects, and evolutionary changes in the law.
In 2019, the European Association of Law and Economics awarded Parisi the prestigious EALE Award for lifetime achievement.[6] Parisi was the third American, after Robert Cooter and Guido Calabresi to receive the EALE Award.
Selected writings
Books
Law and economics. Posner, Richard A., Parisi, Francesco, editors. Cheltenham, Glos: Edward Elgar Pub. 1997. ISBN1-85278-972-7. OCLC36663083.{{cite book}}: CS1 maint: others (link)
Parisi, Francesco; Smith, Vernon L. (2005). The Law and Economics of Irrational Behavior. Stanford, Calif.: Stanford Economics and Finance, Stanford University Press. ISBN0-8047-5143-9. OCLC56532531.
Parisi, Francesco; Fon, Vincy (2009). The Economics of Lawmaking. Oxford: Oxford University Press. ISBN978-0-19-537415-5. OCLC236163600.
Parisi, Francesco (2013). The Language of Law and Economics : a Dictionary. Cambridge: Cambridge University Press. ISBN978-0-521-87508-0. OCLC809456900.
Parisi, Francesco, ed. (2017). The Oxford Handbook of Law and Economics. Oxford, United Kingdom: Oxford University Press. ISBN978-0-19-968426-7. OCLC987229885.
Articles
"The Genesis of Liability in Ancient Law". American Law and Economics Review. 3 (1). Rochester, NY: 82–124. Feb 29, 2008. doi:10.1093/aler/3.1.82. SSRN874179.
Schulz, Norbert; Parisi, Francesco; Depoorter, Ben (14 Feb 2002). "Fragmentation in Property: Towards a General Model". Journal of Institutional and Theoretical Economics. 158. No. 4 (4). Rochester, NY: 594–613. doi:10.1628/0932456022975196. hdl:10419/48489. SSRN300681.
Fon, Vincy; Parisi, Francesco (2002-06-12). "Litigation and the Evolution of Legal Remedies: A Dynamic Model". Public Choice. 116 (3/4): 419–433. doi:10.1023/A:1024822710849. S2CID150698721. SSRN315563.