Publikation:

On Judgment Proofness in the Case of Bilateral Harm

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2008

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http://nbn-resolving.de/urn:nbn:de:bsz:352-opus-94363
DOI (zitierfähiger Link)
https://doi.org/10.1007/s10657-008-9057-7
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Published

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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.

Zusammenfassung in einer weiteren Sprache

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330 Wirtschaft

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

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ISO 690FRIEHE, 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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