EconPapers    
Economics at your fingertips  
 

Strict liability versus negligence

Hans-Bernd Schaefer and Frank Mueller-Langer ()
Authors registered in the RePEc Author Service: Hans-Bernd Schäfer

MPRA Paper from University Library of Munich, Germany

Abstract: The purpose of this chapter is to compare negligence rules and strict liability rules and to examine the allocative effects resulting from the application of different liability regimes. It first discusses unilateral accidents, while the more complicated bilateral cases follow afterwards. Each section starts with a discussion of the rule of no liability before moving on to various forms of negligence and ending with various strict liability rules. At the end of each section, there is a discussion on how results change when relaxing specific assumptions. The various aspects are summarised focusing on the question of whether the outcome under a specific liability regime is efficient or not. We also discuss several more specific topics of interest, for example, the information generating consequence of negligence, the allocative effects of various liability rules when agents enter into a contractual relationship, product liability, cases of ‘joint liability’, the impact of uncertain legal standards, and the interaction between liability law and insurance.

Keywords: Negligence; Strict Liability (search for similar items in EconPapers)
JEL-codes: K0 (search for similar items in EconPapers)
Date: 2008-06-15
References: View references in EconPapers View complete reference list from CitEc
Citations: View citations in EconPapers (3) Track citations by RSS feed

Downloads: (external link)
https://mpra.ub.uni-muenchen.de/40195/1/MPRA_paper_40195.pdf original version (application/pdf)

Related works:
Chapter: Strict Liability versus Negligence (2009) 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:pra:mprapa:40195

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 ().

 
Page updated 2020-08-10
Handle: RePEc:pra:mprapa:40195