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- W1535847999 abstract "Under the conventional tort law paradigm, a tortfeasor behaves unreasonably where two conditions are met: The tortfeasor could have averted the harm by investing in cost-effective precautions and failed to do so, and other, more cost-effective precautions were not available to the victim. Torts scholarship has long argued that making such a tortfeasor responsible for the ensuing harm induces optimal care. This Article shows that, in applying the conventional analysis, courts create incentives for opportunistic investments in prevention. In order to shift liability to others, parties might deliberately invest in precautions even where such investments are inefficient. The Article presents two possible solutions to the problem. By instituting a combination of (1) broader restitution rules and (2) an extended risk-utility standard, legislators and judges can reform tort law to discourage opportunistic precautions and maximize social welfare." @default.
- W1535847999 created "2016-06-24" @default.
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- W1535847999 date "2007-04-02" @default.
- W1535847999 modified "2023-09-26" @default.
- W1535847999 title "The (Hidden) Risk of Opportunistic Precautions" @default.
- W1535847999 hasPublicationYear "2007" @default.
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