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This is a survey of legal liability for accidents. Three general aspects of accident liability are addressed. The first …-bearing and insurance, for the liability system acts as an implicit insurer for accident victims and it imposes risk on potential … injurers (because they may have to pay judgments to victims). In this regard, victims' accident insurance and injurers …
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provided more efficiently through other forms of social or private insurance. In theory, a negligence rule creates incentives … physicians is sued per year. These discrepancies between the theory and actual operation of the negligence system arise primarily …
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diligently), and third-party robot manufacturers bear all remaining accident losses, even when the accident is not caused by a … activity levels in risky environments. The ideal application of this rule is to accident situations where the risk is affected …
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How to deal with the risks associated with nuclear energy is a major policy issue. This paper investigates the effect of an individual's distance from nuclear power plants on its willingness to pay for increased insurance coverage against nuclear accidents (MWPC) as well as on willingness to pay...
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