Firm liability when third parties and consumers incur cumulative harm

Tim Friehe, Eric Langlais, Elisabeth Schulte

This paper analyzes liability rules when consumers and third parties/the environment incur harm. Expected harm is convex in the level of output and modeled as a power function. We show that the social ranking of liability rules previously established for the case in which only consumers suffer harm (strict liability dominates no liability and negligence) may be reversed if harm to third parties or the environment is sufficiently important.

MoreLess

Year of publication:	February 1, 2021
Authors:	Friehe, Tim ; Langlais, Eric ; Schulte, Elisabeth
Published in:	Jahrestagung 2021 ; 39
Publisher:	[Köln] : Verein für Socialpolitik
Subject:	Liability \| Cumulative harm \| Environmental harm \| Umweltbelastung \| Pollution \| Haftung \| Theorie \| Theory \| Umwelthaftung \| Environmental liability \| Konsumentenverhalten \| Consumer behaviour

freely available

Full text |

More access options

Check Google Scholar

In German libraries (KVK)

I need help

Extent:	1 Online-Ressource (circa 25 Seiten) Illustrationen
Type of publication:	Book / Working Paper
Type of publication (narrower categories):	Konferenzbeitrag ; Conference paper ; Graue Literatur ; Non-commercial literature
Language:	English
Other identifiers:	hdl:10419/242339 [Handle]
Classification:	K13 - Tort Law and Product Liability
Source:	ECONIS - Online Catalogue of the ZBW

Persistent link: https://www.econbiz.de/10013329736