Sharing residual liability: The cheapest cost avoider revisited

Keyphrases

• Activity Level 100%
• Politicians 100%
• Level of Care 100%
• Loss Sharing 100%
• Tort Law 100%
• Cheapest Cost Avoider 100%
• Economic Model 50%
• Risky Behavior 50%
• Liability Regime 50%
• Liability Rules 50%
• Policy Objectives 50%
• Sharing Rule 50%
• Second Best 50%
• Subadditive 50%
• Risk Allocation 50%
• Accident Cases 50%
• System of Law 50%
• Real World Accidents 50%