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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Bibliografische gegevens
Hoofdauteur: Jain, Satish Kumar
Formaat: Boek
Taal:English
Gepubliceerd in: Springer 2016
Onderwerpen:
law
Online toegang:https://scholar.dlu.edu.vn/thuvienso/handle/DLU123456789/59635
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Omschrijving
Samenvatting: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.