Effects of Court Errors on Efficiency of Liability Rules: When Individuals are Imperfectly Informed

The aim of this paper is to study the effects of court errors in estimating the harm, on the parties' behaviour regarding the levels of care they take, and their decision to buy the information about the court errors. The analysis is carried out in a unified framework. [CDE-DSE WP no. 97].

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Year of publication:	2009-11
Authors:	Singh, Ram
Institutions:	eSocialSciences
Subject:	information \| victim \| liability paymentsocial costs \| court errors \| decision

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Series:	Working Papers.
Type of publication:	Book / Working Paper
Language:	English
Notes:	Institutional Papers
Source:	RePEc - Research Papers in Economics

Persistent link: https://www.econbiz.de/10008512444