A NOTE ON THE OPTIMALITY OF STRICT LIABILITY

Authors
ESTRADA J
Citation
J. Estrada, A NOTE ON THE OPTIMALITY OF STRICT LIABILITY, Economics letters, 41(2), 1993, pp. 187-191
Citations number
3
Categorie Soggetti
Economics
Journal title
Economics letters → ACNP
ISSN journal
01651765
Volume
41
Issue
2
Year of publication
1993
Pages
187 - 191
Database
ISI
SICI code
0165-1765(1993)41:2<187:ANOTOO>2.0.ZU;2-#
Abstract
I show that, contrary to what is widely accepted, in situations of uni lateral care a rule of strict liability is not optimal. The difference between my results and previous ones follows from my consideration of the victim's rational behavior.