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Strict liability vs. negligence in a market setting

Polinsky, A. Mitchell - In: The American economic review 70 (1980) 2, pp. 363-367

Persistent link: https://www.econbiz.de/10003652186

Liability, regulation, and endogenous risk : the incidence and severity of escaped prescribed fires in the United States

Yoder, Jonathan - In: The journal of law & economics 51 (2008) 2, pp. 297-325

Persistent link: https://www.econbiz.de/10003762496

Ist die Finanzkrise eine Krise der Marktwirtschaft?

Ilgmann, Cordelius; Suntum, Ulrich van - In: Wirtschaftsdienst : Zeitschrift für Wirtschaftspolitik 88 (2008) 11, pp. 741-745

Persistent link: https://www.econbiz.de/10003775936

The political economy of workers' compensation : lessons for product liability

Danzon, Patricia Munch - In: The American economic review 78 (1988) 2, pp. 305-310

Persistent link: https://www.econbiz.de/10001046739

Do managers with limited liability take more risky decisions? : an information acquisition model

Malcomson, James M. - 2010

Risk-neutral individuals take more risky decisions when they have limited liability. Risk-neutral managers may not when acting as agents under contract and taking costly actions to acquire information before taking decisions. Limited liability makes it optimal to increase the reward for outcomes...