Economics of Liability Precaution versus Avoidance
| dc.rights.license | open | en_US |
| dc.contributor.author | DEFFAINS, B. | |
| hal.structure.identifier | Groupe de Recherche en Economie Théorique et Appliquée [GREThA] | |
| dc.contributor.author | ROUILLON, Sébastien
IDREF: 149491913 | |
| dc.date.accessioned | 2020-02-20T20:24:00Z | |
| dc.date.available | 2020-02-20T20:24:00Z | |
| dc.date.issued | 2018 | |
| dc.identifier.issn | 3732630 | en_US |
| dc.identifier.uri | https://oskar-bordeaux.fr/handle/20.500.12278/3648 | |
| dc.description.abstractEn | This paper analyses the behaviour of an agent under strict liability and negligence when he can influence both the probability of the accident and the probability of being found liable in case of accident. We aim to compare the normative properties of strict liability versus fault-based liability under such circumstances. The model demonstrates that only a negligence rule is efficient and that the optimal damages under strict liability is less than what is usually admitted in the literature, i.e. the expected fine, given the probability to escape the liability, should be less than the level of harm. Finally, the paper highlights the role played by the technologies of precaution and evasion in the results. | |
| dc.language.iso | EN | en_US |
| dc.subject.en | Care Level | |
| dc.subject.en | Disappearing Defendant | |
| dc.subject.en | Negligence | |
| dc.subject.en | Punishment Avoidance | |
| dc.subject.en | Strict Liability | |
| dc.title.en | Economics of Liability Precaution versus Avoidance | |
| dc.title.alternative | Rev. Econ. Polit. | en_US |
| dc.type | Article de revue | en_US |
| dc.identifier.doi | 10.3917/redp.281.0041 | en_US |
| dc.subject.hal | Économie et finance quantitative [q-fin] | en_US |
| bordeaux.journal | Revue d'Economie Politique | en_US |
| bordeaux.page | 41-58 | en_US |
| bordeaux.volume | 128 | en_US |
| bordeaux.hal.laboratories | Groupe de Recherche en Economie Théorique et Appliquée (GREThA) - UMR 5113 | en_US |
| bordeaux.issue | 1 | en_US |
| bordeaux.institution | Université de Bordeaux | en_US |
| bordeaux.peerReviewed | oui | en_US |
| bordeaux.inpress | non | en_US |
| hal.identifier | hal-02486338 | |
| hal.version | 1 | |
| hal.date.transferred | 2020-02-20T20:24:03Z | |
| hal.export | true | |
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