Precaution v. avoidance: A comparison of liability rules

C-Tier
Journal: Economics Letters
Year: 2009
Volume: 105
Issue: 3
Pages: 214-216

Score contribution per author:

1.005 = (α=2.01 / 1 authors) × 0.5x C-tier

α: calibrated so average coauthorship-adjusted count equals average raw count

Abstract

The economic analysis of liability rules sponsors strict liability in the case that only injurers can take care to affect expected harm. Yet, negligence is usually the base line in jurisdictions around the world. We establish that negligence is superior if injurers can invest in both care-taking and avoidance activities.

Technical Details

RePEc Handle
repec:eee:ecolet:v:105:y:2009:i:3:p:214-216
Journal Field
General
Author Count
1
Added to Database
2026-01-25