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Subrogation and the theory of insurance when suits can be brought for losses suffered

Polinsky, Alan Mitchell; Shavell, Steven - 2017

Persistent link: https://www.econbiz.de/10011671048

Subrogation and the theory of insurance when suits can be brought for losses suffered

Polinsky, Alan Mitchell; Shavell, Steven - 2017

The theory of insurance is considered here when an insured individual may be able to sue another party for the losses …

Persistent link: https://www.econbiz.de/10011673880

Chapter 2 Liability for Accidents

Shavell, Steven - In: Handbook of law and economics : volume 1, (pp. 139-182). 2007

This is a survey of legal liability for accidents. Three general aspects of accident liability are addressed. The first is the effect of liability on incentives, both whether to engage in activities (for instance, whether to drive) and how much care to exercise (at what speed to travel) to...

Persistent link: https://www.econbiz.de/10014023514

Corrective taxation versus liability

Shavell, Steven - 2010

"Abstract: Taxation and liability are compared here as means of controlling harmful externalities. It is emphasized …

Persistent link: https://www.econbiz.de/10003995048

The corrective tax versus liability as solutions to the problem of harmful externalities

Shavell, Steven - 2010

importance in controlling harmful externalities. I compare the tax and liability here in theory and suggest that the conclusions … harmful externalities, its actual use has been limited, mainly to the domain of pollution. Liability, in contrast, has great …

Persistent link: https://www.econbiz.de/10003995053