Advanced Search
MyIDEAS: Login to save this paper or follow this series

Liability Insurance and Accident Prevention: The Evolution of an Idea

Contents:

Author Info

  • Kenneth Abraham

    (University of Virginia School of Law)

Registered author(s):

    Abstract

    Liability Insurance and Accident Prevention: The Evolution of an Idea - This paper traces the evolution of ideas about the relation between liability insurance and accident prevention, from the middle of the nineteenth century to the present. It shows how liability insurance was first defended against the criticism that it would reduce safety incentives, primarily on the ground that it would promote the compensation of accident victims. It then reviews the evolution of these ideas in the major debates about insurance and tort reform that occurred over the next century and a half. What this review reveals is not a slow and steady evolution of thought. It is instead a story of basic insights about the relation between liability insurance and accident prevention that were recognized relatively early, but that went essentially unappreciated and undeveloped over a period of many decades, largely because there was such a heavy concern with the compensation of accident victims among those who thought and wrote about tort liability during this period. Only when subsequent scholars and policymakers ceased arguing about tort liability and its reform almost exclusively in social welfare terms and began also to think of tort as the more complex and mixed system that it actually is, was it possible for insights about the relation between liability insurance and accident prevention to play a more significant role than they had until that time.

    Download Info

    If you experience problems downloading a file, check if you have the proper application to view it first. In case of further problems read the IDEAS help page. Note that these files are not on the IDEAS site. Please be patient as the files may be large.
    File URL: http://law.bepress.com/cgi/viewcontent.cgi?article=1001&context=uvalwps
    Download Restriction: no

    Bibliographic Info

    Paper provided by University of Virginia School of Law in its series University of Virginia John M. Olin Program for Law & Economics Working Paper Series with number uvalwps-1001.

    as in new window
    Length:
    Date of creation:
    Date of revision:
    Handle: RePEc:bep:uvalwp:uvalwps-1001

    Contact details of provider:
    Web page: http://www.law.virginia.edu/home2002/html/index.htm

    Related research

    Keywords:

    This paper has been announced in the following NEP Reports:

    References

    No references listed on IDEAS
    You can help add them by filling out this form.

    Citations

    Lists

    This item is not listed on Wikipedia, on a reading list or among the top items on IDEAS.

    Statistics

    Access and download statistics

    Corrections

    When requesting a correction, please mention this item's handle: RePEc:bep:uvalwp:uvalwps-1001. See general information about how to correct material in RePEc.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: (Christopher F. Baum).

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    If references are entirely missing, you can add them using this form.

    If the full references list an item that is present in RePEc, but the system did not link to it, you can help with this form.

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your profile, as there may be some citations waiting for confirmation.

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.