The Failure of Decoupling Liability and Other Mistakes in Tort Law
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References listed on IDEAS
- A. Mitchell Polinsky & Yeon-Koo Che, 1991.
"Decoupling Liability: Optimal Incentives for Care and Litigation,"
RAND Journal of Economics, The RAND Corporation, vol. 22(4), pages 562-570, Winter.
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- Guiseppe Dari Mattiaci & F. Parisi, 2003. "The Economics of Tort Law: A Précis," Working Papers 03-13, Utrecht School of Economics.
- Miceli, Thomas J., 1997. "Economics of the Law: Torts, Contracts, Property, Litigation," OUP Catalogue, Oxford University Press, number 9780195103908.
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More about this item
Keywords
The ineffciency of decoupling liability; the impossibility of a have a party to take an efficient level of precaution; some problems with Shavell Theorem;All these keywords.
JEL classification:
- D62 - Microeconomics - - Welfare Economics - - - Externalities
- H20 - Public Economics - - Taxation, Subsidies, and Revenue - - - General
- K13 - Law and Economics - - Basic Areas of Law - - - Tort Law and Product Liability; Forensic Economics
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