Effects of Court Errors on Efficiency of Liability Rules: When Individuals are Imperfectly Informed

Ram Singh ()

Working Papers from eSocialSciences

Abstract: The aim of this paper is to study the effects of court errors in estimating the harm, on the parties' behaviour regarding the levels of care they take, and their decision to buy the information about the court errors. The analysis is carried out in a unified framework. [CDE-DSE WP no. 97].

Keywords: information; victim; liability paymentsocial costs; court errors; decision (search for similar items in EconPapers)
Date: 2009-11
New Economics Papers: this item is included in nep-cta
Note: Institutional Papers
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Related works:
Working Paper: Effects of Courts' Errors on Efficiency of Liability Rules: When Individuals are Imperfectly Informed (2001)
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