On consumer preferences for (partial) products liability

C-Tier
Journal: Economics Letters
Year: 2018
Volume: 173
Issue: C
Pages: 128-130

Score contribution per author:

0.335 = (α=2.01 / 3 authors) × 0.5x C-tier

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

Abstract

Traditional law and economics analyses of products liability find that different liability regimes lead to the same market outcome, implying that risk-neutral consumers are indifferent between products liability and no products liability. We present a setup in which a group of consumers supports the implementation of products liability although its enforcement is costly. All consumers may prefer the same level of (partial) products liability.

Technical Details

RePEc Handle
repec:eee:ecolet:v:173:y:2018:i:c:p:128-130
Journal Field
General
Author Count
3
Added to Database
2026-01-25