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This paper analyzes the incentive properties of the standard and burden of proof for a finding of negligence, when …
Persistent link: https://www.econbiz.de/10005100970
This paper analyzes the incentive properties of the standard and burden of proof for a finding of negligence, when …
Persistent link: https://www.econbiz.de/10005168676
reputational concerns are not strong enough, however, for injurers to willingly compensate their victims. Absent legal liability … enforced legal liability crowds out informal incentives completely (e.g., individuals causing harm suffer no stigma) but … precautions are then socially efficient. Under imperfectly enforced legal liability, formal legal sanctions and normative concerns …
Persistent link: https://www.econbiz.de/10014200291
I consider the efficiency of liability rules when courts obtain imperfect information about precautionary behavior. I …
Persistent link: https://www.econbiz.de/10014059119
This paper analyzes the incentive properties of the standard and burden of proof for a finding of negligence, when …
Persistent link: https://www.econbiz.de/10013320509
We analyze the design of legal principles and procedures for court decision-making in civil litigation. The objective is the provision of appropriate incentives for potential tort-feasors to exert care, when evidence about care is imperfect and may be distorted by the parties. Efficiency is...
Persistent link: https://www.econbiz.de/10014055375
This paper analyzes the cost and incentive properties of the standard of proof for a finding of negligence. In common … evidence is the only cost-and-incentive efficient standard of proof consistent with a negligence rule. <P> Cet article analyse …
Persistent link: https://www.econbiz.de/10005572493
We consider situations where legal liability yields insufficient incentives for socially efficient behavior, e …. We show that fault-based liability is generally more effective than strict liability in harnessing social image concerns …
Persistent link: https://www.econbiz.de/10010687448
We analyze the design of legal principles and procedures for court decision-making in civil litigation. The objective is the provision of appropriate incentives for potential tort-feasors to exert care, when evidence about care is imperfect and may be distorted by the parties. Efficiency is...
Persistent link: https://www.econbiz.de/10005696309
Persistent link: https://www.econbiz.de/10013418947