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liability bears primary responsibility for the cesarean section epidemic and that tort reform, which caps physician liability …
Persistent link: https://www.econbiz.de/10012933970
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 …
Persistent link: https://www.econbiz.de/10009381854
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 …
Persistent link: https://www.econbiz.de/10011668290
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 …
Persistent link: https://www.econbiz.de/10014155883
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 …
Persistent link: https://www.econbiz.de/10011349185
There have long been claims that compensations for noneconomic damages are random because tort law does not provide …
Persistent link: https://www.econbiz.de/10008823155
jurisdictions in many civil law tradition countries. The results found in this paper do not support this claim. …
Persistent link: https://www.econbiz.de/10011334453
, possibly leading to civil and even criminal liability.It now seems clear that criminal liability for the harm caused by a … article examines one particular aspect of the emerging development: the potential criminal liability of the vessel owner or … that the owner's or operator's criminal liability may be based on either vicarious liability for the criminal acts of a …
Persistent link: https://www.econbiz.de/10013113390
then deepens into the principles of European law favoring recognition of U.S. opt-out class actions containing an award of …
Persistent link: https://www.econbiz.de/10013098841
Persistent link: https://www.econbiz.de/10013074576