On the Similarity of Bilateral Harm and Unilateral Harm with Role-Type Uncertainty
AbstractThis paper shows that unilateral-harm contexts with role-type uncertainty can create incentives similar to bilateral-harm contexts. For this purpose, we show that the result of Dharmapala and Hoffmann (2005), namely that standard liability rules do not lead to efficient care choices by injurer and victim if precaution costs are interdependent and harm is unilateral whereas they can in the case of bilateral harm, depends on role-type certainty.
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Bibliographic InfoArticle provided by De Gruyter in its journal Review of Law & Economics.
Volume (Year): 3 (2007)
Issue (Month): 2 (December)
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Web page: http://www.degruyter.com
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- Dari-Mattiacci, Giuseppe & Langlais, Eric, 2012.
"Social Wealth and Optimal Care,"
International Review of Law and Economics, Elsevier,
Elsevier, vol. 32(2), pages 271-284.
- Darri-Mattiacci, Giuseppe & Langlais, Eric, 2008. "Social wealth and optimal care," MPRA Paper 9418, University Library of Munich, Germany.
- Giuseppe Dari-Mattiacci & Eric Langlais, 2008. "Social Wealth and Optimal Care," EconomiX Working Papers 2008-34, University of Paris West - Nanterre la DÃ©fense, EconomiX.
- Tim Friehe & Eric Langlais, 2014. "On the Political Economy of Public Safety Investments," EconomiX Working Papers 2014-8, University of Paris West - Nanterre la DÃ©fense, EconomiX.
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