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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Opis bibliograficzny
1. autor: Jain, Satish Kumar
Format: Książka
Język:English
Wydane: Springer 2016
Hasła przedmiotowe:
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Dostęp online:https://scholar.dlu.edu.vn/thuvienso/handle/DLU123456789/59635
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Opis
Streszczenie: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.