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来源类型 | Working Paper |
规范类型 | 报告 |
DOI | 10.3386/w10972 |
来源ID | Working Paper 10972 |
Manufacturer Liability for Harms Caused by Consumers to Others | |
Bruce Hay; Kathryn E. Spier | |
发表日期 | 2004-12-13 |
出版年 | 2004 |
语种 | 英语 |
摘要 | Should the manufacturer of a product be held legally responsible when a consumer, while using the product, harms someone else? We show that if consumers have deep pockets then manufacturer liability is not economically efficient. It is more efficient for the consumers themselves to bear responsibility for the harms that they cause. If homogeneous consumers have limited assets, then the most efficient rule is "residual-manufacturer liability" where the manufacturer pays the shortfall in damages not paid by the consumer. Residual-manufacturer liability distorts the market quantity when consumers' willingness to pay is correlated with their propensity to cause harm. It distorts product safety when consumers differ in their wealth levels. In both cases, consumer-only liability may be more efficient. |
主题 | Other ; Law and Economics ; Microeconomics ; Welfare and Collective Choice |
URL | https://www.nber.org/papers/w10972 |
来源智库 | National Bureau of Economic Research (United States) |
引用统计 | |
资源类型 | 智库出版物 |
条目标识符 | http://119.78.100.153/handle/2XGU8XDN/568606 |
推荐引用方式 GB/T 7714 | Bruce Hay,Kathryn E. Spier. Manufacturer Liability for Harms Caused by Consumers to Others. 2004. |
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文件名称/大小 | 资源类型 | 版本类型 | 开放类型 | 使用许可 | ||
w10972.pdf(175KB) | 智库出版物 | 限制开放 | CC BY-NC-SA | 浏览 |
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