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- W2047481303 abstract "The three versions of the negligence rule discussed in the literature differ regarding whether a negligent injurer is liable for the entire loss or only for the incremental loss; or regarding whether negligence is defined as failure to take at least due care or failure to take a cost‐justified precaution. It is shown in the paper that the incremental version with untaken precaution notion of negligence is not efficient; not even for the unilateral case. The paper also establishes, for the bilateral case, the efficiency of the incremental version with the shortfall‐from‐due‐care way of defining negligence." @default.
- W2047481303 created "2016-06-24" @default.
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- W2047481303 date "2010-12-01" @default.
- W2047481303 modified "2023-09-27" @default.
- W2047481303 title "On the efficiency of the negligence rule" @default.
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- W2047481303 doi "https://doi.org/10.1080/17487870.2010.523972" @default.
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