Ganuza, Juan-José; Gomez-Pomar, Fernando; Robles, Marta - 2012
The Tort system and especially Product Liability is a socially costly tool to provide manufacturers with incentives for … to Product Liability. Our paper departs from the sometimes overlooked fact that market reputation is not for free, but … Liability positively affects the functioning of manufacturer's market reputation by reducing its costs. Thus, to an important …