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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Bibliografiska uppgifter
Huvudupphovsman: Jain, Satish Kumar
Materialtyp: Bok
Språk:English
Publicerad: Springer 2016
Ämnen:
law
Länkar:https://scholar.dlu.edu.vn/thuvienso/handle/DLU123456789/59635
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Beskrivning
Sammanfattning: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.