‘Full’ Compensation Criteria in the Law of Torts: An Enquiry into the Doctrine of Causation
Ram Singh ()
Working Papers from eSocialSciences
Abstract:
This paper studies the entire class of liability rules, and considers the bilateral care accidents. It is shown that the ‘causationconsistent’ liability provides a basis for an efficiency characterization of the entire class of liability rules. Moreover, it remains a basis for an efficiency classification even when the risk is bilateral.
Keywords: law of torts; bilateral care accidents; liability; efficiency characterization; risk; class of liability rule; compensation; nonnegligent (rightful); injurer to bear; Nash equilibrium; level of care; accident loss; injurer (search for similar items in EconPapers)
Date: 2016-08
Note: Institutional Papers
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Persistent link: https://EconPapers.repec.org/RePEc:ess:wpaper:id:11237
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