This paper looks at the limitations of quantitative models for evaluating risks in the liability insurance business … whether liability insurance premiums in the U.S. market have grown at a much higher rate than, say, property insurance … percentage since the 1960s. The reason that many commentators believe that liability insurance premiums have increased …

The changes of the European regulatory space propose new questions concerning the identity and the liability of … coordinated regime of conflict of interest and liability becomes crucial. This essay focuses on liability of private regulators …. A set of principles concerning liability of private regulators should be tailored, paying attention to field specificity …

Reasons for the joint use of ex ante regulation and ex post liability to cope with environmental accidents have been a … general trend toward a clear division of labour between regulation and liability: when both are jointly used, liability …. An unexpected effect of liability is observed: judges are more severe with the most regulated firms and public agents …

uncertainty problems in liability. A widely held view among Law & Economics scholars is that civil liability alone is not well … civil liability rule, it is therefore advocated that a regulatory system be implemented combined with a public insurance … scheme, or, alternatively, to go for a mix of regulation and civil liability. Such a mix of regulation and civil liability …

Since 2007, all insurance intermediaries face negligence liability that is supposed to reallocate risks and set … liability rule influence the agents behavior, or not, and does it influence in the intended way, or not? Do court cases provide … evidence for failure of the current liability rule? Based upon an economic analysis of liability rules, aspects concerning …

obligations of insurance intermediaries and a liability rule to sanction violations. In order to interpret and substantiate the …

merchants can invest in fraud detection technologies. We show that liability rules bias the structure of the prices charged by … incentives. Under the zero liability rule for consumers, the profit-maximizing allocation of fraud losses maximizes social …

and ex post. The regulator can use safety standards and liability rules as means of increasing security. A standard is a … minimum level of safety, and a liability rule states the amount of damage each party is liable for. I show that the joint use … of an optimal standard and a full liability rule leads to underinvestment ex ante and overinvestment ex post because the …