Dari-Mattiacci, Giuseppe; Geest, Gerrit De - In: The Journal of Legal Studies 34 (2005) 1, pp. 207-237
Sharing rules have a filtering effect on violations: they prevent the most harmful violations and let the least harmful ones occur. We show the conditions under which the filtering effect improves social welfare and argue that this may explain why, in most areas of the law, sharing rules are, in...