國立高雄大學圖資館 |

Language: English

Back

Economic analysis of liability rules

Jain, Satish Kumar.

Economic analysis of liability rules

Record Type:	Electronic resources : Monograph/item
Title/Author:	Economic analysis of liability rulesby Satish Kumar Jain.
Author:	Jain, Satish Kumar.
Published:	New Delhi :Springer India :2015.
Description:	ix, 180 p. :ill., digital ;24 cm.
Contained By:	Springer eBooks
Subject:	Liability (Law)Economic aspects.
Online resource:	http://dx.doi.org/10.1007/978-81-322-2029-9
ISBN:	9788132220299 (electronic bk.)

Economic analysis of liability rules
Jain, Satish Kumar.

Economic analysis of liability rules[electronic resource] /by Satish Kumar Jain. - New Delhi :Springer India :2015. - ix, 180 p. :ill., digital ;24 cm.

Chapter 1. Introduction -- Chapter 2. Efficiency Criteria -- Chapter 3. The Structure of Efficient Liability Rules -- Chapter 4. Decoupled Liability and Efficiency -- Chapter 5. Negligence as Failure to Take Some Cost-Justified Precaution -- Chapter 6. The Structure of Incremental Liability Rules -- Chapter 7. The Negligence Rule -- Chapter 8. Decomposition of Loss and a Class of Negligence Rules -- Chapter 9. Multiple Injurers and Victims -- Chapter 10. Epilogue.

This book focuses on the analysis of liability rules of tort law from an efficiency perspective, presenting a comprehensive analysis of these rules in a self-contained and rigorous yet accessible manner. It establishes general results on the efficiency of liability rules, including complete characterizations of efficient liability rules and efficient incremental liability rules. The book also establishes that the untaken precaution approach and decoupled liability are incompatible with efficiency. The economic analysis of tort law has established that for efficiency it is necessary that each party to the interaction must be made to internalize the harm resulting from the interaction. The characterization and impossibility theorems presented in this book establish that, in addition to internalization of the harm by each party, there are two additional requirements for efficiency. Firstly, rules must be immune from strategic manipulation. Secondly, rules must entail closure with respect to the parties involved in the interaction giving rise to the negative externality, i.e., the liability must not be decoupled.

ISBN: 9788132220299 (electronic bk.)

Standard No.: 10.1007/978-81-322-2029-9doiSubjects--Topical Terms:

712825
Liability (Law)
--Economic aspects.

LC Class. No.: K579.L5

Dewey Class. No.: 346.03

Economic analysis of liability rules
LDR:02539nmm a2200325 a 4500 001 461000
003 DE-He213
005 20150730163536.0
006 m d
007 cr nn 008maaau
008 151110s2015 ii s 0 eng d
020 $a 9788132220299 (electronic bk.)
020 $a 9788132220282 (paper)
024 7 $a 10.1007/978-81-322-2029-9 $2 doi
035 $a 978-81-322-2029-9
040 $a GP $c GP
041 0 $a eng
050 4 $a K579.L5
072 7 $a LBBM $2 bicssc
072 7 $a LNC $2 bicssc
072 7 $a LAW014000 $2 bisacsh
082 0 4 $a 346.03 $2 23
090 $a K579.L5 $b J25 2015
100 1 $a Jain, Satish Kumar. $3 712824
245 1 0 $a Economic analysis of liability rules $h [electronic resource] / $c by Satish Kumar Jain.
260 $a New Delhi : $b Springer India : $b Imprint: Springer, $c 2015.
300 $a ix, 180 p. : $b ill., digital ; $c 24 cm.
505 0 $a Chapter 1. Introduction -- Chapter 2. Efficiency Criteria -- Chapter 3. The Structure of Efficient Liability Rules -- Chapter 4. Decoupled Liability and Efficiency -- Chapter 5. Negligence as Failure to Take Some Cost-Justified Precaution -- Chapter 6. The Structure of Incremental Liability Rules -- Chapter 7. The Negligence Rule -- Chapter 8. Decomposition of Loss and a Class of Negligence Rules -- Chapter 9. Multiple Injurers and Victims -- Chapter 10. Epilogue.
520 $a This book focuses on the analysis of liability rules of tort law from an efficiency perspective, presenting a comprehensive analysis of these rules in a self-contained and rigorous yet accessible manner. It establishes general results on the efficiency of liability rules, including complete characterizations of efficient liability rules and efficient incremental liability rules. The book also establishes that the untaken precaution approach and decoupled liability are incompatible with efficiency. The economic analysis of tort law has established that for efficiency it is necessary that each party to the interaction must be made to internalize the harm resulting from the interaction. The characterization and impossibility theorems presented in this book establish that, in addition to internalization of the harm by each party, there are two additional requirements for efficiency. Firstly, rules must be immune from strategic manipulation. Secondly, rules must entail closure with respect to the parties involved in the interaction giving rise to the negative externality, i.e., the liability must not be decoupled.
650 0 $a Liability (Law) $x Economic aspects. $3 712825
650 1 4 $a Economics/Management Science. $3 273684
650 2 4 $a Law and Economics. $3 274032
650 2 4 $a Civil Procedure Law. $3 275094
650 2 4 $a Criminal Law. $3 276737
650 2 4 $a Economic Theory. $3 273961
710 2 $a SpringerLink (Online service) $3 273601
773 0 $t Springer eBooks
856 4 0 $u http://dx.doi.org/10.1007/978-81-322-2029-9
950 $a Business and Economics (Springer-11643)