Third party liability has been identified as an issue that could adversely impact the European security industry. Limitless third party liability for security product and services is believed to have the potential to reduce investments in innovation. In the US, the Safety Act (which is further...

This paper deals with liability for nuclear accidents and analyses the international liability regime from an economic perspective. It is argued that the international legal regime provides an implicit subsidy to the nuclear operator by putting a financial cap on liability. It is equally argued...