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On Tort as an Implicit Insurance System with State-Dependent Utility. The Case of Child Mortality Risk

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  • Clive D. Fraser

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Paper provided by Department of Economics, University of Leicester in its series Discussion Papers in Public Sector Economics with number 96/4.

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Handle: RePEc:lec:lpserc:96/4

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Postal: Department of Economics University of Leicester, University Road. Leicester. LE1 7RH. UK
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References

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Please report citation or reference errors to , or , if you are the registered author of the cited work, log in to your RePEc Author Service profile, click on "citations" and make appropriate adjustments.:
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  1. Fraser, C., 1995. "Risk, Insurance and the Demand for Irreplaceable Commodities, the Case of Children," The Warwick Economics Research Paper Series (TWERPS) 433, University of Warwick, Department of Economics.
  2. Fraser, C.D., 1985. "Misperceived job hazards and welfare," CORE Discussion Papers 1985013, Université catholique de Louvain, Center for Operations Research and Econometrics (CORE).
  3. Viscusi, W Kip & Evans, William N, 1990. "Utility Functions That Depend on Health Status: Estimates and Economic Implications," American Economic Review, American Economic Association, vol. 80(3), pages 353-74, June.
  4. Nelson, Julie A, 1993. "Household Equivalence Scales: Theory versus Policy?," Journal of Labor Economics, University of Chicago Press, vol. 11(3), pages 471-93, July.
  5. Fraser, Clive D., 1984. "Optimal compensation for potential fatality," Journal of Public Economics, Elsevier, vol. 23(3), pages 307-332, April.
  6. Frech, H. III, 1994. "State-dependent utility and the tort system as insurance: Strict liability versus negligence," International Review of Law and Economics, Elsevier, vol. 14(3), pages 261-271, September.
  7. Gary S. Becker & Kevin M. Murphy, . "The Family and the State," University of Chicago - Population Research Center 87-15, Chicago - Population Research Center.
  8. Spence, A Michael, 1977. "Consumer Misperceptions, Product Failure and Producer Liability," Review of Economic Studies, Wiley Blackwell, vol. 44(3), pages 561-72, October.
  9. George L. Priest, 1991. "The Modern Expansion of Tort Liability: Its Sources, Its Effects, and Its Reform," Journal of Economic Perspectives, American Economic Association, vol. 5(3), pages 31-50, Summer.
  10. Robert D. Cooter, 1991. "Economic Theories of Legal Liability," Journal of Economic Perspectives, American Economic Association, vol. 5(3), pages 11-30, Summer.
  11. Cook, Philip J & Graham, Daniel A, 1977. "The Demand for Insurance and Protection: The Case of Irreplaceable Commodities," The Quarterly Journal of Economics, MIT Press, vol. 91(1), pages 143-56, February.
  12. Gary S. Becker, 1981. "A Treatise on the Family," NBER Books, National Bureau of Economic Research, Inc, number beck81-1.
  13. Manning, Richard L, 1994. "Changing Rules in Tort Law and the Market for Childhood Vaccines," Journal of Law and Economics, University of Chicago Press, vol. 37(1), pages 247-75, April.
  14. Calfee, John E & Rubin, Paul H, 1992. "Some Implications of Damage Payments for Nonpecuniary Losses," The Journal of Legal Studies, University of Chicago Press, vol. 21(2), pages 371-411, June.
  15. Luce, R Duncan & Krantz, David H, 1971. "Conditional Expected Utility," Econometrica, Econometric Society, vol. 39(2), pages 253-71, March.
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Cited by:
  1. Hoffmann, Sandra A. & Hanemann, W. Michael, 2005. "Torts and the protection of 'legally recognized interests'," CUDARE Working Paper Series 1025, University of California at Berkeley, Department of Agricultural and Resource Economics and Policy.

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