A note on selection effects of the hand rule

dc.contributor.authorBaumann, Florian
dc.contributor.authorFriehe, Tim
dc.date.accessioned2018-03-24T13:31:06Z
dc.date.available2018-03-24T13:31:06Z
dc.date.issued2013-10eng
dc.description.abstractThe famous Hand rule weighs the burden of precaution against the reduction in expected harm. The burden may be type‐specific, implying different standards of care for different injurer types. We show that this fact may be exploited by principals in their search for minimized individual costs. Principals may hire agents with high cost of care‐taking although other agents are available. This is shown in a unilateral‐care setting either with perfect or with asymmetric information. We therefore highlight a neglected downside of the negligence rule.eng
dc.description.versionpublishedde
dc.identifier.doi10.1111/j.1467-8586.2011.00402.xeng
dc.identifier.urihttps://kops.uni-konstanz.de/handle/123456789/41915
dc.language.isoengeng
dc.subject.ddc330eng
dc.titleA note on selection effects of the hand ruleeng
dc.typeJOURNAL_ARTICLEde
dspace.entity.typePublication
kops.citation.bibtex
@article{Baumann2013-10selec-41915,
  year={2013},
  doi={10.1111/j.1467-8586.2011.00402.x},
  title={A note on selection effects of the hand rule},
  number={4},
  volume={65},
  issn={0307-3378},
  journal={Bulletin of Economic Research},
  pages={343--353},
  author={Baumann, Florian and Friehe, Tim}
}
kops.citation.iso690BAUMANN, Florian, Tim FRIEHE, 2013. A note on selection effects of the hand rule. In: Bulletin of Economic Research. 2013, 65(4), pp. 343-353. ISSN 0307-3378. eISSN 1467-8586. Available under: doi: 10.1111/j.1467-8586.2011.00402.xdeu
kops.citation.iso690BAUMANN, Florian, Tim FRIEHE, 2013. A note on selection effects of the hand rule. In: Bulletin of Economic Research. 2013, 65(4), pp. 343-353. ISSN 0307-3378. eISSN 1467-8586. Available under: doi: 10.1111/j.1467-8586.2011.00402.xeng
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kops.sourcefieldBulletin of Economic Research. 2013, <b>65</b>(4), pp. 343-353. ISSN 0307-3378. eISSN 1467-8586. Available under: doi: 10.1111/j.1467-8586.2011.00402.xdeu
kops.sourcefield.plainBulletin of Economic Research. 2013, 65(4), pp. 343-353. ISSN 0307-3378. eISSN 1467-8586. Available under: doi: 10.1111/j.1467-8586.2011.00402.xdeu
kops.sourcefield.plainBulletin of Economic Research. 2013, 65(4), pp. 343-353. ISSN 0307-3378. eISSN 1467-8586. Available under: doi: 10.1111/j.1467-8586.2011.00402.xeng
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source.bibliographicInfo.volume65eng
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source.periodicalTitleBulletin of Economic Researcheng

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