Browsing College of Arts and Science by Subject "JEL Classification Number: L13"

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    • Cumulative Harm and Resilient Liability Rules for Product Markets 
      Daughety, Andrew F.; Reinganum, Jennifer F. (Vanderbilt University, 2011)
      In the traditional model of the law and economics of torts, harm accrues proportional to use. This has the remarkable implication for products-generated torts that product performance concerns (e.g., issues of care and of ...
    • Economic Analysis of Products Liability: Theory 
      Daughety, Andrew F.; Reinganum, Jennifer F. Reinganum (Vanderbilt University, 2011)
      This chapter provides a survey of much of the recent theoretical analysis of products liability. We start by describing an idealized model and providing the specific economic assumptions which underpin it. Later sections ...