Economics and Liability for Accidents

Legal liability for accidents determines the circumstances under which injurers must compensate injurers for harm. The effects of liability on incentives to reduce risk, on risk-bearing and insurance (both direct coverage for victims and liability coverage for injurers), and on administrative expenses are considered. Liability is also compared to other methods of controlling harmful activities, notably, to corrective taxation and regulation

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Year of publication:	2005
Authors:	Shavell, Steven
Publisher:	[S.l.] : SSRN
Subject:	Rechtsökonomik \| Economic analysis of law \| Haftung \| Liability \| Unfall \| Accident

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Extent:	1 Online-Ressource (15 p)
Type of publication:	Book / Working Paper
Language:	English
Notes:	In: New Palgrave Dictionary of Economics, 2nd Edition, 2008
Classification:	D00 - Microeconomics. General ; D6 - Welfare Economics ; D8 - Information and Uncertainty ; K00 - Law and Economics. General ; K13 - Tort Law and Product Liability ; L5 - Regulation and Industrial Policy ; H1 - Structure and Scope of Government ; H8 - Miscellaneous Issues
Source:	ECONIS - Online Catalogue of the ZBW

Persistent link: https://www.econbiz.de/10014060476