consumer law and product liability respectively, to underscore the claim of the behavioral divide. Moreover, importantly, this … divergence between EU and US private law theory and practice calls for a normative evaluation. In the face of empirical … law. Furthermore, such a view leads to the adoption of a more boundedly rational user concept in product liability. The …

Based on the dichotomy of the property rule and the liability rule for property rights protection in perspective of Law …

This article describes and evaluates from a comparative perspective the approach to tort liability for pure economic … loss adopted in the Restatement (Third) Torts: Liability for Economic Harm. The analysis highlights three fundamental …

Tort and civil liability reform has been a hotly debated issue across US states. This has spawned a large theoretical … Kauffman Index of Entrepreneurial Activity between 1996 and 2016, finding that liability reform is generally positively … associated with increased entrepreneurial activity. These results are largely driven by reforms to joint and several liability …

This paper explores the evolution of the civil liability regime for insurance claims settlement disputes in the United … economic theory. The empirical study makes use of a large sample of automobile insurance claims settled in 42 US states over …

evaluating decisions, they should not impose liability for poor business judgment. …