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Economic Analysis of Liability Rules

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The analysis of tort law liability rules is examined through an efficiency lens, offering a thorough and accessible exploration of these legal frameworks. It presents key findings on the efficiency of liability rules, detailing complete characterizations of both efficient and incremental liability rules. Additionally, the book argues that the untaken precaution approach and decoupled liability fail to align with efficient outcomes, providing a critical perspective on these concepts.

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Economic Analysis of Liability Rules, Satish Kumar Jain

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2016
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