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particularly, liability for the negligent increase of the risk of personal injury. The implications of a recent addition to the U …
Persistent link: https://www.econbiz.de/10013152891
the case with toxic torts. Risk aversion and ambiguity aversion tend to have a similar impact on optimal liability rules … liability dominates negligence when the injurer has lower degrees of risk and ambiguity aversion than the victim and can … standard risk and ambiguity. Ambiguity arises when the causal link between conduct and harm is not univocal, as is frequently …
Persistent link: https://www.econbiz.de/10012970323
In the presence of litigation facing suppliers, the supply-chain relationship is at risk. Suppliers with principal … customers (dependent suppliers) have a higher concentration of sales to customers, and they are more at risk relative to …
Persistent link: https://www.econbiz.de/10012974094
reveal its level of litigation risk. First, I estimate the risk of independent contractor misclassification litigation for … businesses are exposed to a higher level of litigation risk than others.Next, I analyze each company's form contracts for … provisions intended to mitigate misclassification-related litigation risk (“misclassification provisions”). I then test whether …
Persistent link: https://www.econbiz.de/10013003213
different risk pools and applying rules of collective liability together with rules enforcing or incentivizing the (re …)allocation of (individual) liability within separate risk pools. The paper surveys and assesses different AI liability schemes … theory and discusses the role that liability rules will play in the context of AI-facilitated wrongs and in the allocation of …
Persistent link: https://www.econbiz.de/10013241847
Persistent link: https://www.econbiz.de/10013174239
This paper analyzes the meaning of comparing the economic performance of strict liability and negligence rule in a … injurers form beliefs. It shows first that, when the Court agrees with the regulator, whatever the liability regime, the first …, judge and regulator disagree, it is impossible to discriminate among liability standards because the issue depends on the …
Persistent link: https://www.econbiz.de/10010189329
incentives to reduce risk of various ways of treating such uncertainty under the liability system are identified using a … a criterion for determining liability may adversely affect behavior: parties might face a diminished burden of liability … (if their probability of causation systematically fell below the threshold) and thus do too little to reduce risk; or they …
Persistent link: https://www.econbiz.de/10013322861
incentives to reduce risk of various ways of treating such uncertainty under the liability system are identified using a … a criterion for determining liability may adversely affect behavior: parties might face a diminished burden of liability … (if their probability of causation systematically fell below the threshold) and thus do too little to reduce risk; or they …
Persistent link: https://www.econbiz.de/10012477880
Persistent link: https://www.econbiz.de/10011614271