We analyze liability rules in a setting where injurers are potentially insolvent and where negligence standards may … deviate from the socially optimal level. We show that proportional liability, which sets the measure of damages equal to the … negligence-based rules. Moreover, proportional liability outperforms strict liability if the standard of due care is not set too …

design issues for permit auction rules, permit expiration dates and banking, liability rules, and regulatory enforcement. …

region of non-strict liability protection. All these three regions, and the related copyright doctrines, are explained by an … evidence theory of minimising the risk of court error in deciding infringement cases. …

error on the deterrent effect of the strict liability rule. In an asymmetric information setup both, underdeterrence and …

sufficient incentives for compliance. If increasing court accuracy in general is not feasible, the courts (and the legislator …

This paper investigates strategic forum selection approaches and compliance with interstate dispute resolution … compliance, (b) states strategically select among bilateral and third-party fora, and (c) anticipated settlement outcomes and … forum selection and compliance. Statistical analysis finds that states strategically select management approaches in two …

experiential deterrence, whereby facilities focus on recent experiences to shape their compliance behavior. Copyright Springer …