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On the Effectiveness of Liability Rules when Agents are not Identical

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Publication:3348673
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DOI10.2307/2297973zbMATH Open0726.90020OpenAlexW2008230022MaRDI QIDQ3348673FDOQ3348673


Authors: Winand Emons, Joel Sobel Edit this on Wikidata


Publication date: 1991

Published in: Review of Economic Studies (Search for Journal in Brave)

Full work available at URL: http://doc.rero.ch/record/292687/files/58-2-375.pdf




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  • Efficient liability rules: Complete characterization.
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zbMATH Keywords

bilateral accidents


Mathematics Subject Classification ID

Social choice (91B14) Mathematical economics (91B99) Other game-theoretic models (91A40)



Cited In (5)

  • Efficient liability rules: Complete characterization.
  • Limited liability and non-responsiveness in agency models
  • Optimal liability rules under mutual externalities among multiagents
  • Liability Rules and Hazardous Materials Transportation
  • On the choice of liability rules





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