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Article
Are you Injurer or Victim? Liability for Accidents under Role-Type Uncertainty
Journal of Institutional and Theoretical Economics (2021)
  • Nuno Garoupa, George Mason University
  • Adrian Segura Moreiras, Universitat Pompeu Fabra
Abstract
We show that when parties are uncertain about their nature (injurer or victim) in accidents, conventional results in the bilateral accident model need to be reassessed. Legal policy implications are derived. Specifically, the efficient liability rule inevitably begs for a form of negligence that internalizes uncertainty concerning the parties (injurer or victim) and their subjective perceptions. 
Disciplines
Publication Date
2021
Citation Information
Nuno Garoupa and Adrian Segura Moreiras. "Are you Injurer or Victim? Liability for Accidents under Role-Type Uncertainty" Journal of Institutional and Theoretical Economics Vol. 177 Iss. 4 (2021) p. 391 - 403
Available at: http://works.bepress.com/nunogaroupa/196/