I consider the efficiency of liability rules when courts obtain imperfect information about precautionary behavior. I ask what tort rules are consistent with socially efficient precautions, what informational requirements the evidence about the parties' behavior must satisfy, what decision rules...

Study empirically the relationship between liability and insurance in the realm of financial injuries; Evaluate how liability insurance transmits and transforms the deterrence signal of securities liability...

CEE health care and pharma market Importance of the FP7 Public Health call; "Financing Systems' Effect on Healthcare Quality" Scope of InterQuality project. objectives, budget and time-frame Expected impact Consortium Members, Advisory Board ...

We analyze the efficiency properties of the negligence rule with liability insurance, when the tort-feasor's behavior is imperfectly observable both by the insurer and the court. Efficiency is shown to depend on the extent to which the evidence is informative, on the evidentiary standard for...

Road safety policies and automobile insurance contracts often use incentive mechanisms based on traffic violations and accidents to promote safe driving. Can these mechanisms improve road safety efficiently? Do they reduce asymmetric information between drivers and insurers and regulators? In...