Economic Analysis of Liability Rules

This book focuses on the analysis of liability rules of tort law from an efficiency perspective, presenting a comprehensive analysis of these rules in a self-contained and rigorous yet accessible manner. It establishes general results on the efficiency of liability rules, including complete characte...

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Bibliografiske detaljer
Hovedforfatter: Jain, Satish Kumar
Format: Bog
Sprog:English
Udgivet: Springer 2016
Fag:
law
Online adgang:https://scholar.dlu.edu.vn/thuvienso/handle/DLU123456789/59635
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Beskrivelse
Summary:This book focuses on the analysis of liability rules of tort law from an efficiency perspective, presenting a comprehensive analysis of these rules in a self-contained and rigorous yet accessible manner. It establishes general results on the efficiency of liability rules, including complete characterizations of efficient liability rules and efficient incremental liability rules. The book also establishes that the untaken precaution approach and decoupled liability are incompatible with efficiency.