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Persistent link: https://www.econbiz.de/10003606469
This paper analyzes the incentive properties of the standard and burden of proof for a finding of negligence, when evidence about injurers' behavior is imperfect and rests with the parties. We show that the `preponderance of evidence' standard used in common law, together with ordinary exclusion...
Persistent link: https://www.econbiz.de/10005100970