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Author : Steven Shavell
Publisher :
ISBN 13 :
Total Pages : 23 pages
Book Rating : 4.:/5 (286 download)
Download or read book The Judgment Proof Problem written by Steven Shavell and published by . This book was released on 1985 with total page 23 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Author : Klaas van't Veld
Publisher :
ISBN 13 :
Total Pages : 238 pages
Book Rating : 4.:/5 (34 download)
Download or read book The Judgement Proof Opportunity written by Klaas van't Veld and published by . This book was released on 1997 with total page 238 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Author : Klaas Van'tVeld
Publisher :
ISBN 13 :
Total Pages : 34 pages
Book Rating : 4.:/5 (753 download)
Download or read book The Judgment Proof Opportunity written by Klaas Van'tVeld and published by . This book was released on 1997 with total page 34 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Author :
Publisher : Stanford University Press
ISBN 13 : 0804772657
Total Pages : 425 pages
Book Rating : 4.8/5 (47 download)
Download or read book The Economic Approach to Law, Second Edition written by and published by Stanford University Press. This book was released on 2009 with total page 425 pages. Available in PDF, EPUB and Kindle. Book excerpt: Designed specifically for economics students, The Economic Approach to Law, 2nd Edition, provides an introductory treatment of law and economics, revealing how economic principles explain the structure of the law, and how they can help make the law more efficient. To that end, the author focuses on unifying themes in the field--rather than exhaustively covering legal topics--and thus provides a more analytical treatment of the subject. The second edition includes current research into the economics of common law areas, such as torts, contracts, and property law. The revised text also offers a new chapter that explores how economics can be applied to anti-trust law, as well as added material on intellectual property. This edition features an expanded suite of exercises and problems at the end of each chapter to encourage students to "do" law and economics. A companion web site offers a full suite of resources for students and professors. Key pedagogical features include cases; discussion points that provide additional analysis of topics in the book; graduate notes, which deepen the text for more advanced readers; and relevant Web links. Professors have access to sample syllabi for undergraduate and graduate courses and to an instructor's manual providing suggested answers to all of the end-of-chapter questions/problems in the book.
Author : New York (State). Legislature. Joint Legislative Committee to Study the Problem of Unsatisfied Judgment Fund
Publisher :
ISBN 13 :
Total Pages : 28 pages
Book Rating : 4.3/5 (243 download)
Download or read book Report of the New York State Joint Legislative Committee to Study the Problem of Unsatisfied Judgment Fund written by New York (State). Legislature. Joint Legislative Committee to Study the Problem of Unsatisfied Judgment Fund and published by . This book was released on 1953 with total page 28 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Author : Giuseppe Dari-Mattiacci
Publisher :
ISBN 13 :
Total Pages : 0 pages
Book Rating : 4.:/5 (137 download)
Download or read book Disappearing Defendants Versus Judgment-Proof Injurers written by Giuseppe Dari-Mattiacci and published by . This book was released on 2008 with total page 0 pages. Available in PDF, EPUB and Kindle. Book excerpt: In this paper we analyse two ways in which liability can be reduced: caps (the judgment proof problem), and proportional reductions (the disappearing defendant problem). We show that these two problems have different incentive effects and hence yield dissimilar levels of social welfare. Moreover, when they occur simultaneously they may have offsetting effects. We also show that the negligence rule with cause-in-fact may yield lower (rather than higher) levels of social welfare than strict liability. Finally, we analyse the optimal setting of the negligence standard. Our model encompasses different precaution technologies as well as monetary v. non-monetary precautions.
Author : Tracy R. Lewis
Publisher :
ISBN 13 :
Total Pages : 0 pages
Book Rating : 4.:/5 (137 download)
Download or read book Creating Deeper Pockets to Resolve Judgement-Proof Problems written by Tracy R. Lewis and published by . This book was released on 2008 with total page 0 pages. Available in PDF, EPUB and Kindle. Book excerpt: We propose a mechanism that can help to create deeper pockets in order to resolve judgment-proof problems. These problems arise when a producer has insufficient wealth to compensate victims for the damages that may arise from his activities. The mechanism we propose allocates production opportunities among producers according to their relative wealth levels. This mechanism can eliminate all potential losses due to widely-dispersed wealth, even when actual wealth levels are known only to producers. We also show that deep pockets are neither necessary nor sufficient for vicarious liability to enhance social welfare.
Author : Clarence Morris
Publisher :
ISBN 13 :
Total Pages : 428 pages
Book Rating : 4.:/5 (41 download)
Download or read book Morris on Torts written by Clarence Morris and published by . This book was released on 1953 with total page 428 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Author : Georges Dionne
Publisher : Springer Science & Business Media
ISBN 13 : 0792392043
Total Pages : 748 pages
Book Rating : 4.7/5 (923 download)
Download or read book Foundations of Insurance Economics written by Georges Dionne and published by Springer Science & Business Media. This book was released on 1992 with total page 748 pages. Available in PDF, EPUB and Kindle. Book excerpt: Economic and financial research on insurance markets has undergone dramatic growth since its infancy in the early 1960s. Our main objective in compiling this volume was to achieve a wider dissemination of key papers in this literature. Their significance is highlighted in the introduction, which surveys major areas in insurance economics. While it was not possible to provide comprehensive coverage of insurance economics in this book, these readings provide an essential foundation to those who desire to conduct research and teach in the field. In particular, we hope that this compilation and our introduction will be useful to graduate students and to researchers in economics, finance, and insurance. Our criteria for selecting articles included significance, representativeness, pedagogical value, and our desire to include theoretical and empirical work. While the focus of the applied papers is on property-liability insurance, they illustrate issues, concepts, and methods that are applicable in many areas of insurance. The S. S. Huebner Foundation for Insurance Education at the University of Pennsylvania's Wharton School made this book possible by financing publication costs. We are grateful for this assistance and to J. David Cummins, Executive Director of the Foundation, for his efforts and helpful advice on the contents. We also wish to thank all of the authors and editors who provided permission to reprint articles and our respective institutions for technical and financial support.
Author : Mitja Kovač
Publisher : Springer Nature
ISBN 13 : 3030536440
Total Pages : 159 pages
Book Rating : 4.0/5 (35 download)
Download or read book Judgement-Proof Robots and Artificial Intelligence written by Mitja Kovač and published by Springer Nature. This book was released on 2020-09-03 with total page 159 pages. Available in PDF, EPUB and Kindle. Book excerpt: This book addresses the role of public policy in regulating the autonomous artificial intelligence and related civil liability for damage caused by the robots (and any form of artificial intelligence). It is a very timely book, focusing on the consequences of judgment proofness of autonomous decision-making on tort law, risk and safety regulation, and the incentives stemming from these. This book is extremely important as regulatory endeavours concerning AI are in their infancy at most, whereas the industry’s development is continuing in a strong way. It is an important scientific contribution that will bring scientific objectivity to a, to date, very one-sided academic treatment of legal scholarship on AI.
Author : A. Mitchell Polinsky
Publisher : Elsevier
ISBN 13 : 0080554245
Total Pages : 887 pages
Book Rating : 4.0/5 (85 download)
Download or read book Handbook of Law and Economics written by A. Mitchell Polinsky and published by Elsevier. This book was released on 2007-11-07 with total page 887 pages. Available in PDF, EPUB and Kindle. Book excerpt: Law can be viewed as a body of rules and legal sanctions that channel behavior in socially desirable directions — for example, by encouraging individuals to take proper precautions to prevent accidents or by discouraging competitors from colluding to raise prices. The incentives created by the legal system are thus a natural subject of study by economists. Moreover, given the importance of law to the welfare of societies, the economic analysis of law merits prominent treatment as a subdiscipline of economics. Our hope is that this two volume Handbook will foster the study of the legal system by economists. *The two volumes form a comprehensive and accessible survey of the current state of the field.*Chapters prepared by leading specialists of the area.*Summarizes received results as well as new developments.
Author : Steven Shavell
Publisher : Harvard University Press
ISBN 13 : 0674043499
Total Pages : 760 pages
Book Rating : 4.6/5 (74 download)
Download or read book Foundations of Economic Analysis of Law written by Steven Shavell and published by Harvard University Press. This book was released on 2009-07-01 with total page 760 pages. Available in PDF, EPUB and Kindle. Book excerpt: What effects do laws have? Do individuals drive more cautiously, clear ice from sidewalks more diligently, and commit fewer crimes because of the threat of legal sanctions? Do corporations pollute less, market safer products, and obey contracts to avoid suit? And given the effects of laws, which are socially best? Such questions about the influence and desirability of laws have been investigated by legal scholars and economists in a new, rigorous, and systematic manner since the 1970s. Their approach, which is called economic, is widely considered to be intellectually compelling and to have revolutionized thinking about the law. In this book Steven Shavell provides an in-depth analysis and synthesis of the economic approach to the building blocks of our legal system, namely, property law, tort law, contract law, and criminal law. He also examines the litigation process as well as welfare economics and morality. Aimed at a broad audience, this book requires neither a legal background nor technical economics or mathematics to understand it. Because of its breadth, analytical clarity, and general accessibility, it is likely to serve as a definitive work in the economic analysis of law.
Author : Steven Shavell
Publisher :
ISBN 13 :
Total Pages : 0 pages
Book Rating : 4.:/5 (12 download)
Download or read book Minimum Asset Requirements and Compulsory Liability Insurance as Solutions to the Judgment-proof Problem written by Steven Shavell and published by . This book was released on 2004 with total page 0 pages. Available in PDF, EPUB and Kindle. Book excerpt: "Minimum asset and liability insurance requirements must often be met in order for parties to participate in potentially harmful activities. Such financial responsibility requirements may improve parties' decisions whether to engage in harmful activities and, if so, their efforts to reduce risk. However, the requirements may undesirably prevent some parties with low assets from engaging in activities. Liability insurance requirements tend to improve parties' incentives to reduce risk when insurers can observe levels of care, but dilute incentives to reduce risk when insurers cannot observe levels of care. In the latter case, compulsory liability insurance may be inferior to minimum asset requirements"--NBER website
Author : S. Hun Seog
Publisher : John Wiley & Sons
ISBN 13 : 140518552X
Total Pages : 353 pages
Book Rating : 4.4/5 (51 download)
Download or read book The Economics of Risk and Insurance written by S. Hun Seog and published by John Wiley & Sons. This book was released on 2010-03-15 with total page 353 pages. Available in PDF, EPUB and Kindle. Book excerpt: Written for advanced undergraduate and master’s level courses, this book builds from a base of asymmetric information issues to discuss a wide array of topics and is illustrated with some timely examples. Covers diverse issues such as risk aversion, expected utility, and moral hazard within the pure theory of insurance Provides a clear exposition of the necessary mathematics, a feature which cannot be found in readers on the topic Utilizes an undergraduate economics major level of math Uses the simplest economic models possible to keep the text intuitive Introduces more mathematically complex techniques such as basic optimization for students wishing to 'go further' in their analysis
Author : Arthur Best
Publisher : Aspen Publishing
ISBN 13 : 1543838758
Total Pages : 1341 pages
Book Rating : 4.5/5 (438 download)
Download or read book Basic Tort Law: Cases, Statutes, and Problems written by Arthur Best and published by Aspen Publishing. This book was released on 2022-01-31 with total page 1341 pages. Available in PDF, EPUB and Kindle. Book excerpt: Basic Tort Law: Cases, Statutes, and Problems: Cases, Statutes, and Problems, Sixth Edition
Author : Kathleen Segerson
Publisher : Routledge
ISBN 13 : 1351742191
Total Pages : 524 pages
Book Rating : 4.3/5 (517 download)
Download or read book Economics and Liability for Environmental Problems written by Kathleen Segerson and published by Routledge. This book was released on 2018-01-12 with total page 524 pages. Available in PDF, EPUB and Kindle. Book excerpt: This title was first published in 2002. This convenient reference brings together notable contributions examining all aspects of the liability for environmental accidents. Articles included in the Part I of this volume examine the role of liability as a policy instrument, and provide detailed examinations of the incentive effects created by the imposition of liability, ie. Bankruptcy, litigation costs, delegation of responsibility and insurance. Those in Part II study specific environmental issues such as hazardous waste disposal and oil spills. The International Library of Environmental Economics and Policy explores the influence of economics on the development of environmental and natural resource policy. In a series of twenty five volumes, the most significant journal essays in key areas of the contemporary environmental and resource policy are collected. This convenient reference brings together the notable contributions examining all aspects of the liability for environmental accidents.
Author : Franziska Weber
Publisher : Routledge
ISBN 13 : 1317026144
Total Pages : 336 pages
Book Rating : 4.3/5 (17 download)
Download or read book The Law and Economics of Enforcing European Consumer Law written by Franziska Weber and published by Routledge. This book was released on 2016-03-03 with total page 336 pages. Available in PDF, EPUB and Kindle. Book excerpt: In the internet age, the need for effective consumer law enforcement has arguably never been greater. This timely book is a comparative law and economic analysis of the changing landscape of EU consumer law enforcement policy. EU member states are moving away from purely public or private law enforcement and now appear to be moving towards a more mixed approach, not least due to European legislation. This book reflects on the need for and creation of efficient enforcement designs. It examines the various economic factors according to which the efficiency of different enforcement mechanisms can be assessed. Hypothetical case scenarios within package travel and misleading advertising, dealing with substantial individual harm and trifling and widespread harm are used to illustrate various consumer law problems. Design suggestions on how to optimally mix enforcement mechanisms for these case scenarios are developed. The findings are then used as a benchmark to assess real life situations in countries with different enforcement traditions - the Netherlands, Sweden and England. The book is of value to both researchers and policy-makers working in the area of consumer protection.
