-takers concerning their potential legal liability for negligence. …

This paper analyzes the meaning of comparing the economic performance of strict liability and negligence rule in a … unilateral standard accident model under Knightian uncertainty. It focuses on the cost expectation of major harm on which the … injurers form beliefs. It shows first that, when the Court agrees with the regulator, whatever the liability regime, the first …

We describe how product liability interacts with regulatory product approval in influencing a firm's incentives to … information acquisition incentives under both full and limited liability. We highlight efficiency inducing liability rules. …

We describe how product liability interacts with regulatory product approval in influencing a firm's incentives to … information acquisition incentives under both full and limited liability. We highlight efficiency inducing liability rules. …

Becker and Murphy, but incorporates uncertainty. We model uncertainty through the Wiener stochastic process. This process …

liability regimes in tort law: rule of negligence and strict liability. Starting from the standard Shavellian unilateral … accident scheme, I show that matching up liability regime on their capacity to provide the highest level of safety is … uncertainty. The second one takes into consideration the beliefs of agents and their aversion to ambiguity. The model applies …

liability regimes in tort law: rule of negligence and strict liability. Starting from the standard Shavellian unilateral … accident scheme, I show that matching up liability regime on their capacity to provide the highest level of safety is … uncertainty. The second one takes into consideration the beliefs of agents and their aversion to ambiguity. The model applies …

This paper analyzes the meaning of comparing the economic performance of strict liability and negligence rule in a … unilateral standard accident model under Knightian uncertainty. It focuses on the cost expectation of major harm on which the … injurers form beliefs. It shows first that, when the Court agrees with the regulator, whatever the liability regime, the first …

-takers concerning their potential legal liability for negligence. …

This paper analyzes the meaning of comparing the economic performance of strict liability and negligence rule in a … unilateral standard accident model under Knightian uncertainty. It focuses on the cost expectation of major harm on which the … injurers form beliefs. It shows first that, when the Court agrees with the regulator, whatever the liability regime, the first …