EconPapers    
Economics at your fingertips  
 

Ex ante liability rules in New Zealand's health and safety in employment act: A law and economics analysis

Paul Gordon and Alan Woodfield ()

New Zealand Economic Papers, 2007, vol. 41, issue 1, 91-108

Abstract: New Zealand's health and safety legislation imposes penalties for breaches of duty even where accidents have not occurred. We argue that ex post liability as implemented provides inadequate incentives for safety precautions due to weak penalties and significant uncertainty surrounding courts' required standard of care. Merely adding ex ante liability with even weaker penalties and low inspection probabilities is unlikely to fully compensate for these deficiencies, but may be a worthwhile complement. More strict ex ante standards than socially optimal precaution levels may even be desirable, providing some justification for observed relatively stringent safety regulations and required standards of precaution.

Keywords: Safety precautions; ex ante liability (search for similar items in EconPapers)
Date: 2007
References: View references in EconPapers View complete reference list from CitEc
Citations:

Downloads: (external link)
http://www.tandfonline.com/doi/abs/10.1080/00779950709558500 (text/html)
Access to full text is restricted to subscribers.

Related works:
Working Paper: Ex Ante Liability Rules in New Zealand's Health and Safety in Employment Act: A Law and Economics Analysis (2006) Downloads
This item may be available elsewhere in EconPapers: Search for items with the same title.

Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text

Persistent link: https://EconPapers.repec.org/RePEc:taf:nzecpp:v:41:y:2007:i:1:p:91-108

Ordering information: This journal article can be ordered from
http://www.tandfonline.com/pricing/journal/RNZP20

DOI: 10.1080/00779950709558500

Access Statistics for this article

New Zealand Economic Papers is currently edited by Dennis Wesselbaum

More articles in New Zealand Economic Papers from Taylor & Francis Journals
Bibliographic data for series maintained by ().

 
Page updated 2024-07-04
Handle: RePEc:taf:nzecpp:v:41:y:2007:i:1:p:91-108