On The Existence and Efficiency of Equilibria Under Liability Rules

Published By: CDE on eSS | Published Date: September, 08 , 2006

The first objective of this paper is to contribute to the debate regarding the desirability of the sharing of liability for the accident loss. The second objective is to extend the efficiency analysis beyond Shavell (1980, 1987) and Miceli (1997), to search for the second-best liability rules. [WP no. 150].

Author(s): Ram Singh | Posted on: Oct 08, 2008 | Views(2115) | Download (1290)


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