Jain, Satish K.; Kundu, Rajendra Prasad - 2013
Negligence rule is one of the most widely used liability rules for apportioning accident loss between victim and … liability rule. While negligence rule is efficient, the apportionment of loss under it has an all-or-none character. If injurer … efficiency of negligence rule. It so turns out that in providing correct incentives to the parties, part of accident loss, equal …
