liability rules on incentives to reduce accident risks. Then consideration of accident law is broadened (chapter 5) to reflect … roles of victims' insurance and of liability insurance, and how they alter the incentives inherent in liability rules …Accident law is the body of legal rules governing the ability of victims of harm to sue and to collect payments from …

Reforms to the Joint and Several Liability rule (JSL) are one of the most common tort reforms and have been implemented …

liability rules on incentives to reduce accident risks. Then consideration of accident law is broadened (chapter 5) to reflect … roles of victims' insurance and of liability insurance, and how they alter the incentives inherent in liability rules …Accident law is the body of legal rules governing the ability of victims of harm to sue and to collect payments from …

This is a survey of legal liability for accidents. Three general aspects of accident liability are addressed. The first … is the effect of liability on incentives, both whether to engage in activities (for instance, whether to drive) and how …-bearing and insurance, for the liability system acts as an implicit insurer for accident victims and it imposes risk on potential …

A "decoupled" liability system is one in which the award to the plaintiff differs from the payment by the defendant …

In an earlier work, we analyzed how the legal rules governing contractual liability affect the transfer of information … between the parties to the contract. In particular, we showed how limitations on contractual liability might lead high … liability are and are not socially desirable. In an article forthcoming in the Stanford Law Review, Barry Adler develops a …

discharges contaminate riparian properties belonging to multiple owners, and we compare property rules, liability rules, and … to liability rules when there are few parties and bargaining is feasible, but they excessively deter efficient pollution … liability rules to regulation. An empirical analysis of water quality in the U.S. before and after the Clean Water Act shows …