Ex Post Liability for Harm vs. Ex Ante Safety Regulation: Substitutes or Complements? Comment

Christian Ewerhart and Patrick Schmitz

MPRA Paper from University Library of Munich, Germany

Abstract: Kolstad, Ulen and Johnson (1990) have conjectured that exclusive use of negligence liability leads to suboptimal choice of precaution in the presence of uncertainty and that ex ante regulation can correct these inefficiencies. We complete their argument by making a mild additional premise.

Keywords: Liability; Safety Regulation (search for similar items in EconPapers)
JEL-codes: K10 (search for similar items in EconPapers)
Date: 1998
References: View references in EconPapers View complete reference list from CitEc
Citations: View citations in EconPapers (7)

Downloads: (external link)
https://mpra.ub.uni-muenchen.de/13448/1/MPRA_paper_13448.pdf original version (application/pdf)

Related works:
Journal Article: Ex Post Liability for Harm vs. Ex Ante Safety Regulation: Substitutes or Complements? Comment (1998)
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:pra:mprapa:13448

Access Statistics for this paper

More papers in MPRA Paper from University Library of Munich, Germany Ludwigstraße 33, D-80539 Munich, Germany. Contact information at EDIRC.
Bibliographic data for series maintained by Joachim Winter ().