A Note on the Optimality of Domain-Specific Liability - Archive ouverte HAL
Article Dans Une Revue Review of Law and Economics Année : 2022

A Note on the Optimality of Domain-Specific Liability

Eric Langlais
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Tim Friehe
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Elisabeth Schulte
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Résumé

This paper analyses the socially optimal sharing of liability when both consumers and the environment incur harm from the activity of a monopolistic firm. We show that the optimal allocation depends on the domain-specific harm (consumers vs environment) as well as on the specific relationship between harm and output (proportional vs cumulative).

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Dates et versions

hal-03640759 , version 1 (13-04-2022)

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  • HAL Id : hal-03640759 , version 1

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Eric Langlais, Tim Friehe, Elisabeth Schulte. A Note on the Optimality of Domain-Specific Liability. Review of Law and Economics, 2022. ⟨hal-03640759⟩
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