liability bears primary responsibility for the cesarean section epidemic and that tort reform, which caps physician liability …

The present paper provides an economic analysis of vicarious liability that takes information rents and monitoring … costs to be borne by the principal explicitly into account. In the presence of information rents or if the principal is … wealth constrained herself, vicarious liability need not generate efficient precaution incentives. Rather, precaution …

In this paper, we argue that the joint use of ex-ante regulation and ex-post liability rules is efficient when there … are uncertainty surrounding causal investigations and regulatory myopia. As these conditions are generally met in … create a risk for the environment. Moreover, we suggest that a joint use of liability and regulation should more frequently …

uncertainty problems in liability. A widely held view among Law & Economics scholars is that civil liability alone is not well … civil liability rule, it is therefore advocated that a regulatory system be implemented combined with a public insurance … scheme, or, alternatively, to go for a mix of regulation and civil liability. Such a mix of regulation and civil liability …

Limited liability may result in inefficient accident prevention, because a relevant portion of the expected harm is … externalized on victims. This paper shows that under some restrictive conditions further limiting liability by means of a liability …

When liability for environmental spills, product failures, or other types of accidents is imposed on firms with … financial decisions in the face of liability, as well as the competitive pressures it faces in capital and output markets. By … shows that, in contrast to common pollution externalities, the externality caused by the judgement proof problem is never …

In this paper, we argue that the joint use of ex-ante regulation and ex-post liability rules is efficient when there … are uncertainty surrounding causal investigations and regulatory myopia. As these conditions are generally met in … create a risk for the environment. Moreover, we suggest that a joint use of liability and regulation should more frequently …

Limited liability may result in inefficient accident prevention, because a relevant portion of the expected harm is … externalized on victims. This paper shows that under some restrictive conditions further limiting liability by means of a liability …

that the total assets of the injurer are not sufficient to pay for all damages. That is, strict liability for the injurer … compensated, in case of an accident, mandatory liability insurance has been introduced. This may have eroded the incentives to … Brussels International Convention on Civil Liability for Oil pollution damage, CLC. The purpose of this convention is to …

so big that the total assets of the injurer are not sufficient to pay for all damages. That is, strict liability for the … compensated, in case of an accident, mandatory liability insurance has been introduced. This may have eroded the incentives to … Brussels International Convention on Civil Liability for Oil pollution damage, CLC. The purpose of this convention is to …