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

Author

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  • 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
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    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. repec:cup:apsrev:v:83:y:1989:i:01:p:77-91_08 is not listed on IDEAS
    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.
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    Citations

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    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.

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