Idioma:

Filtering Tort Accidents

De Mot, Jef ; Depoorter, Ben ; Miceli, Thomas J

American law and economics review, 2020-12, Vol.22 (2), p.377-396 [Periódico revisado por pares]

Texto completo disponível

Citações Citado por

Título:
Filtering Tort Accidents
Autor: De Mot, Jef ; Depoorter, Ben ; Miceli, Thomas J
É parte de: American law and economics review, 2020-12, Vol.22 (2), p.377-396
Descrição: Abstract Conventional wisdom in the economic analysis of tort law holds that legal errors distort incentives, causing behavior to depart from the optimum. If potential injurers know that courts err, they may engage in less or more than optimal precaution. This article revisits the effect of judicial error on the incentives of potential injurers by identifying a heretofore-neglected filtering effect of uncertainty in settings of imperfect judicial decision-making. We show that when courts make errors in the application of the liability standards, uncertainty about erroneous decision-making filters out the most harmful torts but leaves unaffected less harmful accidents. Our insight applies to various procedural and institutional aspects of legal adjudication, including the randomization of case assignment, the strength of precedent, and the use of standards versus rules.
Idioma: Inglês

Voltar para lista de resultados

Resultado 1 Avançar Ir para próxima página