firms/insurers objectives and social welfare, and the courts' imperfect assessment of safety care levels exerted by firms … parameters (parameters that underlie the firm profit level and volatility, the cost of safety care, the monitoring cost, the … characterization of optimal policies (liability sharing, safety care standards) toward environmental protection or the prevention of …

the safety care level exerted by the firms. We characterize cases where the liability sharing factor is above or below its …