Liability Failure

Mark F. Grady and Moin Yahya

Berkeley Program in Law and Economics, Working Paper Series from Berkeley Program in Law and Economics

Abstract: Negligence liability is our most basic form of safety regulation. It creates accident prevention and, as an unavoidable incident, insurance. When the insurance becomes too unmanageable, courts have eliminated negligence liability. The result is a gap in accident prevention.

Date: 2003-10-22
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