Decoupling Liability: Optimal Incentives for Care and Litigation
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A "decoupled" liability system is one in which the award to the plaintiff differs from the payment by the defendant. The optimal system of decoupling makes the defendant's payment as high as possible. Such a policy allows the award to the plaintiff to be lowered, thereby reducing the plaintiff's
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美国国家经济研究局创建时间：
1991-02-01
