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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Bibliographic Details
Main Author: Jain, Satish Kumar
Format: Book
Language:English
Published: Springer 2016
Subjects:
law
Online Access:https://scholar.dlu.edu.vn/thuvienso/handle/DLU123456789/59635
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Institutions: Thư viện Trường Đại học Đà Lạt
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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.