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E ects of Court Errors on EÆciency of Liability Rules: When Individuals are Imperfectly Informed

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  • Ram Singh

Abstract

The aim of this paper is to study the effects of court errors in estimating the harm, on the parties' behaviour regarding the levels of care they take, and their decision to buy the information about the court errors. The analysis is carried out in a unified framework. [CDE-DSE WP no. 97].

Suggested Citation

  • Ram Singh, 2009. "E ects of Court Errors on EÆciency of Liability Rules: When Individuals are Imperfectly Informed," Working Papers id:2291, eSocialSciences.
    • Handle: RePEc:ess:wpaper:id:2291
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    References listed on IDEAS

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    More about this item

    Keywords

    information; victim; liability paymentsocial costs; court errors; decision;
    All these keywords.

    JEL classification:

    • K13 - Law and Economics - - Basic Areas of Law - - - Tort Law and Product Liability; Forensic Economics

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