Konzeption werden ordonomische Überlegungenentwickelt, wie man Haftung und Innovation für nachhaltiges Wachstumdurch geeignete … concept takes a very radical position against limited liability, whichis based on mistakes. Against this background, this … arrangementsand their incentive effects can foster limited liability as well as innovationand thus support sustainable growth. …

The present paper provides an economic analysis of vicarious liability that takes information rents and monitoring … wealth constrained herself, vicarious liability need not generate efficient precaution incentives. Rather, precaution … regimes: strict liability, the traditional negligence rule, and proportional liability. To do so, I make use of the intensity …