On Judgment Proofness in the Case of Bilateral Harm

Friehe, Tim

On Judgment Proofness in the Case of Bilateral Harm

Dateien

Zu diesem Dokument gibt es keine Dateien.

Datum

2008

Publikationstyp

Zeitschriftenartikel

Publikationsstatus

Published

Erschienen in

European Journal of Law and Economics. 2008, 26(2), pp. 175-185. Available under: doi: 10.1007/s10657-008-9057-7

Zusammenfassung

This paper defies the widely held belief concerning the unambiguous superiority of negligence in settings of judgment proofness. We analyze a set-up with bilateral harm, bilateral care, and potential judgment proofness by one party to the accident. We establish that strict liability with a defense of contributory negligence can perform better than simple negligence and negligence with a defense of contributory negligence. It is shown that the former liability rule can better establish a discontinuity in individual costs conducive to inducing efficient care than the other rules.

Fachgebiet (DDC)

330 Wirtschaft

Schlagwörter

Care incentives, Judgment proofness, Bilateral harm, Bilateral care, Tort law

Zitieren

ISO 690

FRIEHE, Tim, 2008. On Judgment Proofness in the Case of Bilateral Harm. In: European Journal of Law and Economics. 2008, 26(2), pp. 175-185. Available under: doi: 10.1007/s10657-008-9057-7

BibTex

@article{Friehe2008Judgm-1900,
  year={2008},
  doi={10.1007/s10657-008-9057-7},
  title={On Judgment Proofness in the Case of Bilateral Harm},
  number={2},
  volume={26},
  journal={European Journal of Law and Economics},
  pages={175--185},
  author={Friehe, Tim}
}

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Universitätsbibliographie

Ja