This article compares the classic liability rules, negligence and strict liability, under the hypothesis that injurers …, while strict liability with overcompensatory damages is the optimal rule in the opposite case. The same results apply to …

This article compares the classic liability rules, negligence and strict liability, under the hypothesis that injurers …, while strict liability with overcompensatory damages is the optimal rule in the opposite case. The same results apply to …

efficiency? Second, if so, will people prefer this discretionary procedure to the strict liability policy in which no assistance … is provided? We find that the assistance is more ecient than the strict liability procedure. However, people still prefer … the strict liability regime rather than assistance provision. We conduct additional treatments that show that this eect is …

efficiency? Second, if so, will people prefer this discretionary procedure to the strict liability policy in which no assistance … is provided? We find that the assistance is more ecient than the strict liability procedure. However, people still prefer … the strict liability regime rather than assistance provision. We conduct additional treatments that show that this eect is …