IDEAS home Printed from https://ideas.repec.org/a/kap/ejlwec/v5y1998i2p153-165.html
   My bibliography  Save this article

Limited Liability and Imperfect Information—On the Existence of Safety Equilibria Under Products Liability Law

Author

Listed:
  • Alfred Endres
  • Andreas Lüdeke

Abstract

No abstract is available for this item.

Suggested Citation

  • Alfred Endres & Andreas Lüdeke, 1998. "Limited Liability and Imperfect Information—On the Existence of Safety Equilibria Under Products Liability Law," European Journal of Law and Economics, Springer, vol. 5(2), pages 153-165, March.
    • Handle: RePEc:kap:ejlwec:v:5:y:1998:i:2:p:153-165
    DOI: 10.1023/A:1008640417917
    as

    Download full text from publisher

    File URL: http://hdl.handle.net/10.1023/A:1008640417917
    Download Restriction: Access to full text is restricted to subscribers.
    File URL: https://libkey.io/10.1023/A:1008640417917?utm_source=ideas
    LibKey link: if access is restricted and if your library uses this service, LibKey will redirect you to where you can use your library subscription to access this item
    ---><---

    As the access to this document is restricted, you may want to search for a different version of it.

    References listed on IDEAS

    as
    1. Wittman, Donald, 1985. "Counter-intuitive results in game theory," European Journal of Political Economy, Elsevier, vol. 1(1), pages 77-89.
    2. George Tsebelis, 1991. "The Effect of Fines on Regulated Industries," Journal of Theoretical Politics, , vol. 3(1), pages 81-101, January.
    3. Tsebelis, George, 1989. "The Abuse of Probability in Political Analysis: The Robinson Crusoe Fallacy," American Political Science Review, Cambridge University Press, vol. 83(1), pages 77-91, March.
    4. Holler, Manfred J, 1993. "Fighting Pollution When Decisions Are Strategic," Public Choice, Springer, vol. 76(4), pages 347-356, August.
    5. Holler, Manfred J., 1990. "The unprofitability of mixed-strategy equilibria in two-person games : A second folk-theorem," Economics Letters, Elsevier, vol. 32(4), pages 319-323, April.
    6. Cheng Leonard K. & Zhu Min, 1995. "Mixed-Strategy Nash Equilibrium Based upon Expected Utility and Quadratic Utility," Games and Economic Behavior, Elsevier, vol. 9(2), pages 139-150, May.
    7. Wittman, Donald, 1993. "Nash equilibrium vs. maximin : A comparative game statics analysis," European Journal of Political Economy, Elsevier, vol. 9(4), pages 559-565, November.
    Full references (including those not matched with items on IDEAS)

    Citations

    Citations are extracted by the CitEc Project, subscribe to its RSS feed for this item.
    as


    Cited by:

    1. Ram Singh, 2009. "RISK, INFORMATIONAL ASYMMETRY AND PRODUCT LIABILITY: An Enquiry Into Conflicting Objectives," Pacific Economic Review, Wiley Blackwell, vol. 14(1), pages 89-112, February.
    2. Ram Singh, 2001. "Effects of Courts' Errors on Efficiency of Liability Rules: When Individuals are Imperfectly Informed," Working papers 97, Centre for Development Economics, Delhi School of Economics.
    3. Ram Singh, 2003. "Efficiency of 'Simple' Liability Rules When Courts Make Erroneous Estimation of the Damage," European Journal of Law and Economics, Springer, vol. 16(1), pages 39-58, July.

    Most related items

    These are the items that most often cite the same works as this one and are cited by the same works as this one.
    1. Manfred J. Holler & Barbara Klose-Ullmann, 2008. "Wallenstein’s Power Problem and Its Consequences," Czech Economic Review, Charles University Prague, Faculty of Social Sciences, Institute of Economic Studies, vol. 2(3), pages 197-218, December.
    2. Manfred J. Holler & Bengt-Arne Wickström, 1998. "The Scandal Matrix: The Use of Scandals in the Progress of Society," CESifo Working Paper Series 159, CESifo.
    3. Gianfranco Gambarelli & Daniele Gervasio & Francesca Maggioni & Daniel Faccini, 2022. "A Stackelberg game for the Italian tax evasion problem," Computational Management Science, Springer, vol. 19(2), pages 295-307, June.
    4. Luciano Andreozzi, 2004. "Rewarding Policemen Increases Crime. Another Surprising Result from the Inspection Game," Public Choice, Springer, vol. 121(1), pages 69-82, October.
    5. Berno Buechel & Eike Emrich & Stefanie Pohlkamp, 2016. "Nobody’s Innocent," Journal of Sports Economics, , vol. 17(8), pages 767-789, December.
    6. Manfred Holler, 1992. "Nash equilibrium reconsidered and an option for maximin," Quality & Quantity: International Journal of Methodology, Springer, vol. 26(3), pages 323-335, August.
    7. Manfred Holler, 1993. "Nash equilibrium reconsidered and an option for maximin," Quality & Quantity: International Journal of Methodology, Springer, vol. 27(1), pages 103-115, February.
    8. Kirstein, Roland, 2005. "Bayesian Monitoring," CSLE Discussion Paper Series 2005-06, Saarland University, CSLE - Center for the Study of Law and Economics.
    9. Shidiqi, khalifany ash & Pradiptyo, rimawan, 2011. "A game theoretical analysis of economic sanction," MPRA Paper 30481, University Library of Munich, Germany.
    10. Daniel G. Arce, 2018. "On the cooperative and competitive aspects of strategic monitoring," Rationality and Society, , vol. 30(3), pages 377-390, August.
    11. Buechel, Berno & Emrich, Eike & Pohlkamp, Stefanie, 2013. "Nobody's innocent: the role of customers in the doping dilemma," MPRA Paper 44627, University Library of Munich, Germany.
    12. Potters, Jan & van Winden, Frans, 1996. "Comparative Statics of a Signaling Game: An Experimental Study," International Journal of Game Theory, Springer;Game Theory Society, vol. 25(3), pages 329-353.
    13. Josef Montag, 2013. "A Radical Change in Traffic Law: Effects on Fatalities in the Czech Republic," CERGE-EI Working Papers wp484, The Center for Economic Research and Graduate Education - Economics Institute, Prague.
    14. Franz Weissing & Elinor Ostrom, 1991. "Crime and Punishment: Further Reflections on the Counterintuitive Results of Mixed Equilibria Games," Journal of Theoretical Politics, , vol. 3(3), pages 343-350, July.
    15. Roland Kirstein, 2014. "Doping, the Inspection Game, and Bayesian Enforcement," Journal of Sports Economics, , vol. 15(4), pages 385-409, August.
    16. Perry, Logan & Gavrilets, Sergey, 2019. "Foresight in a Game of Leadership," SocArXiv 84yxz, Center for Open Science.
    17. Anna Rita Germani & Pasquale Scaramozzino & Andrea Morone & Piergiuseppe Morone, 2017. "Discretionary enforcement and strategic interactions between enforcement agencies and firms: a theoretical and laboratory investigation," Journal of Regulatory Economics, Springer, vol. 52(3), pages 255-284, December.
    18. A. Antoci & S. Borghesi & G. Iannucci, 2016. "Green licenses and environmental corruption: a random matching model," Working Paper CRENoS 201615, Centre for North South Economic Research, University of Cagliari and Sassari, Sardinia.
    19. Giovanni Villani & Marta Biancardi, 2023. "An Evolutionary Game to Study Banks–Firms Relationship: Monitoring Intensity and Private Benefit," Computational Economics, Springer;Society for Computational Economics, vol. 61(3), pages 1075-1093, March.
    20. Manfred J. Holler & Martin A. Leroch, 2014. "Theories of justice and empirical results," Chapters, in: Francesco Forte & Ram Mudambi & Pietro Maria Navarra (ed.), A Handbook of Alternative Theories of Public Economics, chapter 6, pages 143-159, Edward Elgar Publishing.

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:kap:ejlwec:v:5:y:1998:i:2:p:153-165. See general information about how to correct material in RePEc.

    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 CitEc recognized a bibliographic reference but did not link an item in RePEc 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 RePEc Author Service profile, as there may be some citations waiting for confirmation.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: Sonal Shukla or Springer Nature Abstracting and Indexing (email available below). General contact details of provider: http://www.springer.com .

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

    IDEAS is a RePEc service. RePEc uses bibliographic data supplied by the respective publishers.