The Economic Consequences of Liability Rules
Language: English
Published by Bloomsbury Publishing Plc, US, 1991
- Hardcover
- New
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Seller Inventory # LU-9780899306490
- Title
- The Economic Consequences of Liability Rules
- Author
- Roger Meiners, Bruce Yandle
- Publisher
- Bloomsbury Publishing Plc, US
- Publication year
- 1991
- Condition
- New
- Binding
- Hardback
- Language
- English
- ISBN 10
- 0899306497
- ISBN 13
- 9780899306490
- Item weight
- 907 grams
Throughout, the contributors focus on the effects of individual decision making: how incentives faced by individuals are affected by liability rules and how the collective actions of purposeful individuals working in private markets and through the political process affect social outcomes. Among the specific topics addressed are using liability rules to deter government takings, the impact of government liability on private risk avoidance, the allocation of product liability by market share, liability and environmental quality, the effects of the flammability rule, deposit insurance and the savings and loan fiasco, and the political debate over automobile air bags. The contributors conclude that attempts to remedy alleged defects in the common law by legislative edict are not well grounded. Ideal as supplemental reading for courses in business and government, this volume will also be of significant interest to students of law and economics.
"Synopsis" may belong to another edition of this title.
About the Author
BRUCE YANDLE is Alumni Professor of Economics at Clemson University and Director of the Strom Thurmond Institute. His previous works include The Political Limits of Environmental Regulation: Tracking the Unicorn (Quorum, 1989).
"About the title" may belong to another edition of this title.
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