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Markets for Potentially Harmful Goods — The Economics of Product Liability Rules

In: Law and Markets

Author

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  • Alex Robson

    (University of Wollongong)

Abstract

In the previous chapter we examined situations where the parties undertaking care and incurring harm were ‘economic strangers’ in the following important sense: there was no existing economic relationship between the parties when they chose their levels of care, or when accidents occurred.

Suggested Citation

  • Alex Robson, 2012. "Markets for Potentially Harmful Goods — The Economics of Product Liability Rules," Palgrave Macmillan Books, in: Law and Markets, chapter 6, pages 161-189, Palgrave Macmillan.
    • Handle: RePEc:pal:palchp:978-0-230-35494-4_6
    DOI: 10.1057/9780230354944_6
    as

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