The traditional economic analysis of tort and insurance has for a long time assumed rationality on the side of persons involved in the accident situation: victims and injurers were assumed to base their decision on e.g. the care levels to adopt on a weighing of cost and benefits of that action....

Increasingly, China is planning to move to nuclear power. The plan for China is to double its nuclear capacity in the near future. A critical component is that a regulatory framework has to be developed to accompany this move towards nuclear energy. An important component of such a framework is...

The tsunami which took place on 2011.3.11 before the coast of Japan and the subsequent nuclear incident at the Fukushima nuclear power plant have shocked the world and raised many questions. One of the questions is to what extent victims of the tsunami and of the nuclear incident can receive...

This are the concluding remarks to an edited volume on climate change liability. The introduction sketches the reasons for writing a book on climate change liability as well as the problem definition, methodology and structure of the book. The concluding remarks show that from the contributions...

This is the introduction to an edited volume on climate change liability. The introduction sketches the reasons for writing a book on climate change liability as well as the problem definition, methodology and structure of the book. The concluding remarks show that from the contributions in the...

Disasters happen all the time. Since early mankind natural disasters like bush fires, heavy rainfall, flooding, volcanic eruptions and earthquakes have threatened mankind’s very existence. Of a more recent date, mostly since the Industrial Revolution, mankind has also been threatened through...

Many have pointed at the fact that the spectacular economic growth in China has come at a high price, especially concerning the environmental costs related to this growth. There is increasing literature available now, both in and outside of China on the available governance instruments that...

In the law and economics literature liability is generally regarded as an instrument which provides potential tortfeasors with incentives for optimal care taking. The question, however, arises whether liability can still provide those incentives when risks are unknown. That is the central...

This chapter focuses on one particular aspect of adaptation to climate change, being the fact that climate change can create large losses. The paper addresses the question how compensation for those losses can be generated. After sketching a few general principles the paper addresses the pros...

On data supplied by five Dutch insurers for the years 2001-2006, the authors analyse the development of hourly fees charged by attorneys and other legal representatives (claims agents) in personal injury cases. The analysis focuses on cases that did not go to court but where, according to Dutch...