Coverart for item
The Resource Precaution incentives in accident settings, Tim Friehe, with a foreword by Laszlo Goerke, (electronic resource)

Precaution incentives in accident settings, Tim Friehe, with a foreword by Laszlo Goerke, (electronic resource)

Label
Precaution incentives in accident settings
Title
Precaution incentives in accident settings
Statement of responsibility
Tim Friehe, with a foreword by Laszlo Goerke
Creator
Subject
Language
eng
Summary
One central function of tort law is the inducement of precaution incentives. This is particularly welcome in settings in which the internalization of interdependencies between individuals relating to care and expected harm would otherwise not take effect due to high transaction costs broadly conceived, accident settings being a prime example. Tim Friehe analyzes important aspects for the design of tort law which intends to induce optimal individual choices and possible limitations of workable tort law in varied settings. Incentives to take precaution, which affect the accident probability and/or the magnitude of the harm in the event of an accident, are of primary interest in this context. After providing an extensive review of the literature relating to the economic analysis of tort law, the author goes on to discuss the consequences of victims with different harm levels. In particular, using average harm as a compensation measure in order to save administrative costs is considered and a scheme to make the revelation of the individual harm level incentive-compatible is devised. Furthermore, the book contributes to the ongoing discussion on the effects of judgment proofness and the distinction between unilateral harm and bilateral harm accidents. Finally, the author highlights the consequences of the consideration of hitherto neglected behavioral dimensions for the conclusions of the economic analysis of tort law
Member of
http://library.link/vocab/creatorName
Friehe, Tim
Dewey number
340/.115
Illustrations
illustrations
Index
no index present
Literary form
non fiction
Nature of contents
  • dictionaries
  • bibliography
Series statement
Gabler Edition Wissenschaft : ├ľkonomische Analyse des Rechts
http://library.link/vocab/subjectName
  • Law and economics
  • Accident law
Label
Precaution incentives in accident settings, Tim Friehe, with a foreword by Laszlo Goerke, (electronic resource)
Instantiates
Publication
Bibliography note
Includes bibliographical references
Color
multicolored
Control code
ocn317883286
Dimensions
unknown
Edition
1. ed
Extent
1 online resource (xiv, 187 p.)
Form of item
online
Isbn
9783834981271
Other physical details
ill
Specific material designation
remote
System control number
(OCoLC)317883286
Label
Precaution incentives in accident settings, Tim Friehe, with a foreword by Laszlo Goerke, (electronic resource)
Publication
Bibliography note
Includes bibliographical references
Color
multicolored
Control code
ocn317883286
Dimensions
unknown
Edition
1. ed
Extent
1 online resource (xiv, 187 p.)
Form of item
online
Isbn
9783834981271
Other physical details
ill
Specific material designation
remote
System control number
(OCoLC)317883286

Library Locations

    • InternetBorrow it
      Albany, Auckland, 0632, NZ
Processing Feedback ...