Injurers versus Victims: (A)Symmetric Reactions to Symmetric Risks

Guerra Alice () and Parisi Francesco ()
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Guerra Alice: Department of Economics, University of Bologna, Via Angherà 22, 47921 Rimini, Italy
Parisi Francesco: Department of Economics, University of Bologna, Bologna, Italy

The B.E. Journal of Theoretical Economics, 2022, vol. 22, issue 2, 603-620

Abstract: Tort models assume symmetry in the behavior of injurers and victims when faced by a threat of liability and a risk of harm without compensation, respectively. This assumption has never been empirically validated. Using a novel experimental design, we study the behavior of injurers and victims when facing symmetric accident risks. Experimental results provide qualified support for the symmetric behavior hypothesis.

Keywords: precautions; tort theory; laboratory experiment (search for similar items in EconPapers)
JEL-codes: C91 K13 (search for similar items in EconPapers)
Date: 2022
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Citations: View citations in EconPapers (1)

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DOI: 10.1515/bejte-2020-0101

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