Chang, Juin-jen; Liu, Chia-ying - In: Atlantic Economic Journal 35 (2007) 2, pp. 203-215
This paper investigates the phenomenon of judicial corruption and incorporates it into Polinsky, A. M. (1980). Strict liability vs. negligence in a market setting. American Economic Review, 70, 363–367 framework so as to analyze the efficiency of the negligence rule. By shedding light on the...
