Your Waterstones card is changing, introducing...
TELL ME MORE
Economic Analysis of Liability Rules (Hardback)
  • Economic Analysis of Liability Rules (Hardback)
zoom

Economic Analysis of Liability Rules (Hardback)

(author)
£74.99
Hardback 180 Pages / Published: 12/12/2014
  • We can order this

Usually despatched within 3 weeks

  • This item has been added to your basket

This book focuses on the analysis of liability rules of tort law from an efficiency perspective, presenting a comprehensive analysis of these rules in a self-contained and rigorous yet accessible manner. It establishes general results on the efficiency of liability rules, including complete characterizations of efficient liability rules and efficient incremental liability rules. The book also establishes that the untaken precaution approach and decoupled liability are incompatible with efficiency.

The economic analysis of tort law has established that for efficiency it is necessary that each party to the interaction must be made to internalize the harm resulting from the interaction. The characterization and impossibility theorems presented in this book establish that, in addition to internalization of the harm by each party, there are two additional requirements for efficiency. Firstly, rules must be immune from strategic manipulation. Secondly, rules must entail closure with respect to the parties involved in the interaction giving rise to the negative externality, i.e., the liability must not be decoupled.

Publisher: Springer, India, Private Ltd
ISBN: 9788132220282
Number of pages: 180
Weight: 4144 g
Dimensions: 235 x 155 x 13 mm
Edition: 2015 ed.

You may also be interested in...

Red Card
Added to basket
£16.99   £14.99
Hardback
The Greatest
Added to basket
£9.99
Paperback
The Daily Telegraph Tax Guide 2018
Added to basket
Law's Strangest Cases
Added to basket
Eichmann in Jerusalem
Added to basket
In Your Defence
Added to basket
£16.99   £10.99
Hardback
The Case for Impeachment
Added to basket
How to Change Your Mind
Added to basket
£20.00   £16.99
Hardback
I Let Him Go
Added to basket
£8.99   £6.99
Paperback
Life in the UK Test: Handbook 2018
Added to basket
A Dictionary of Law
Added to basket
£12.99
Paperback
The Rule of Law
Added to basket
£9.99
Paperback
The Ten Types of Human
Added to basket
£9.99   £7.99
Paperback
The Wind in My Hair
Added to basket

Reviews

Please sign in to write a review

Your review has been submitted successfully.