The Welfare Implications of Costly Litigation in the Theory of Liability
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https://www.nber.org/papers/w1834
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资源简介：
One of the principal results in the economic theory of liability is that, assuming litigation is costless, the rule of strict liability with compensatory damages leads the injurer to choose the socially appropriate level of care. This paper reexamines this result when litigation is costly. It is
提供机构：
美国国家经济研究局
创建时间：
1986-02-01
