The three versions of the negligence rule discussed in the literature differ regarding whether a negligent injurer is liable for the entire loss or only for the incremental loss; or regarding whether negligence is defined as failure to take at least due care or failure to take a cost-justified...

This paper investigates the structure of incremental liability rules. Necessary and sufficient conditions are derived for an incremental liability rule to be efficient. A liability rule, in the ordinary sense of the term, to be called a standard liability rule, is a rule which specifies the...

In the mainstream of law and economics the notion of negligence is defined as the failure to take at least the legally specified due care level. In the standard tort model, with this notion of negligence, the efficient liability rules are characterized by the condition of negligence liability,...

Economic analysis of law has been preoccupied by considerations of efficiency and often regards values and individual preferences to be independent of social institutions. This volume analyses the flaws in such an approach by pointing out the incommensurability of fundamental societal values in...

While social capital in general has been recognized as essential for economic activities, its accumulation mechanisms are largely unexplored. How does people’s trust toward others, one of the core dimensions of social capital, emerge? To shed new light on this largely unanswered question, we...

This paper reviews the experiences of the government of Japan to incorporate the human security concept as one of basic principles of its ODA policy, and JICA’s activities to operationalize the human security principle. It then examines the challenges and problems JICA has faced in its...

The history of Japan’s official development assistance can be divided into four distinct periods in which objectives have diversified and institutional arrangements have evolved. However, these objectives ranging, from Japan’s own economic development, poverty reduction, the promotion of...

This paper aims to conduct a preliminary analysis of the expected effects of a transport infrastructure project on firms’ locational choice and business environment in Mozambique, using a baseline firm survey. We compare firms’ locational choice factors and their perceptions of the business...