The Effects of Taxation on Income-Producing Crimes with Variable Leisure Time
In: International review of law and economics, Band 25, Heft 2, S. 276-289
ISSN: 0144-8188
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In: International review of law and economics, Band 25, Heft 2, S. 276-289
ISSN: 0144-8188
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In: Games and Economic Behavior, Vol. 137 (2023) 1-22
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In: International review of law and economics, Band 38, S. 33-47
ISSN: 0144-8188
In: The B.E. journal of theoretical economics, Band 14, Heft 1, S. 371-395
ISSN: 1935-1704
AbstractIn important areas like medical malpractice and environmental torts, injurers are potentially insolvent and courts may make errors in determining liability (e.g. due to hindsight bias). We show that proportional liability, which holds a negligent injurer liable for harm discounted with the probability that the harm was caused by the injurer's negligence, is less susceptible to these imperfections and therefore socially preferable to all other liability rules currently contemplated by courts. We also provide a result which might be useful to regulators when calculating minimum capital requirements or minimum mandatory insurance for different industries.
In: 18 American Law and Economics Review (2016)
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In: The B.E. journal of theoretical economics, Band 12, Heft 1
ISSN: 1935-1704
In: The B.E. Journal of Theoretical Economics 12(1): Article 18 (2012)
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In: 13 American Law and Economics Review 45 (2011)
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In: International review of law and economics, Band 29, Heft 4, S. 314-323
ISSN: 0144-8188
In: International review of law and economics, Band 29, Heft 2, S. 169-177
ISSN: 0144-8188
In: International review of law and economics, Band 29, Heft 1, S. 1-7
ISSN: 0144-8188
In: Yale Economics Department Working Paper No. 75R
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Working paper
In: International Review of Law and Economics, Forthcoming
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