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来源类型Working Paper
规范类型报告
DOI10.3386/w3634
来源IDWorking Paper 3634
Decoupling Liability: Optimal Incentives for Care and Litigation
A. Mitchell Polinsky; Yeon-Koo Che
发表日期1991-02-01
出版年1991
语种英语
摘要A "decoupled" liability system is one in which the award to the plaintiff differs from the payment by the defendant. The optimal system of decoupling makes the defendant's payment as high as possible. Such a policy allows the award to the plaintiff to be lowered, thereby reducing the plaintiff's incentive to sue -- and hence litigation costs -- without sacrificing the defendant's incentive to exercise care. The optimal award to the plaintiff may be less than or greater than the optimal payment by the defendant. The possibility of an out-of-court settlement does not qualitatively affect these results. If the settlement can be monitored, it may be desirable to decouple it as well.
主题Other ; Industrial Organization
URLhttps://www.nber.org/papers/w3634
来源智库National Bureau of Economic Research (United States)
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资源类型智库出版物
条目标识符http://119.78.100.153/handle/2XGU8XDN/560941
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GB/T 7714
A. Mitchell Polinsky,Yeon-Koo Che. Decoupling Liability: Optimal Incentives for Care and Litigation. 1991.
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