On Avoidance Activities After Accidents

This paper allows for avoidance activities in the accident setting and analyzes how this affects the evaluation of uncertain due care standards and of different negligence conceptions from an efficiency perspective. Importantly, our analysis also shows that punitive damages, i.e., damages above the harm incurred, can be welfare-reducing if injurers can choose avoidance.

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Year of publication:	2010
Authors:	Friehe, Tim
Publisher:	Universität Konstanz / Fachbereich Wirtschaftswissenschaften. Fachbereich Wirtschaftswissenschaften
Subject:	care incentives \| avoidance \| tort law

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Type of publication:	Article
Language:	English
Notes:	Publ. in: Review of law and economics 6 (2010), 2, Art. 3. DOI 10.2202/1555-5879.1406
Source:	BASE

Persistent link: https://www.econbiz.de/10009471887