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This is a survey of legal liability for accidents. Three general aspects of accident liability are addressed. The first …-bearing and insurance, for the liability system acts as an implicit insurer for accident victims and it imposes risk on potential …' liability insurance are taken into account. The third general aspect of accident liability is its administrative expense …
Persistent link: https://www.econbiz.de/10014023514
Legal liability for accidents determines the circumstances under which injurers must compensate injurers for harm. The … effects of liability on incentives to reduce risk, on risk-bearing and insurance (both direct coverage for victims and … liability coverage for injurers), and on administrative expenses are considered. Liability is also compared to other methods of …
Persistent link: https://www.econbiz.de/10014060476
define what distribution of wealth and income we consider desirable (just). Author focuses on the field of accident law and …
Persistent link: https://www.econbiz.de/10013057127
In the economic analysis of liability law, information about accident risk and how it can be influenced by precautions … is commonly taken for granted. However, a profound understanding of the relationship between care and accident risk often … strict liability and negligence, showing that liability law may not induce efficient incentives. …
Persistent link: https://www.econbiz.de/10011325781
percent of mean income. In this paper we use economic theory to determine the relation between the appropriate make …
Persistent link: https://www.econbiz.de/10012865861
percent of mean income. In this paper we use economic theory to determine the relation between the appropriate make …
Persistent link: https://www.econbiz.de/10012866040
economic theory to address this issue. We find that the relation between the appropriate compensation and the mean and median …
Persistent link: https://www.econbiz.de/10011688166
percent of mean income. In this paper we use economic theory to determine the relation between the appropriate make …
Persistent link: https://www.econbiz.de/10012033224
percent of mean income. In this paper we use economic theory to determine the relation between the appropriate make …
Persistent link: https://www.econbiz.de/10012034365
economic theory to address this issue. We find that the relation between the appropriate compensation and the mean and median …
Persistent link: https://www.econbiz.de/10012950280