Multiple Tortfeasors: An Economic Analysis
Young Robert,
Faure Michael and
Paul Fenn
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Young Robert: Nottingham University, Business School, UK
Faure Michael: Metro, Maastricht University, The Netherlands
Review of Law & Economics, 2007, vol. 3, issue 1, 111-132
Abstract:
This paper provides a coherent framework for classifying cases with multiple tortfeasors in relation to the efficient allocation of liability across the tortfeasors. We construct a simple model in which various tortfeasors contribute to a loss, and consider efficient liability rules under various assumptions.
Date: 2007
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Persistent link: https://EconPapers.repec.org/RePEc:bpj:rlecon:v:3:y:2007:i:1:n:7
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DOI: 10.2202/1555-5879.1093
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