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Uncertain product risk, information acquisition, and product liability
We describe how product liability interacts with regulatory product approval in influencing a firm’s incentives to acquire information about product risk, using a very parsimonious model. The firm may have in- sufficient information acquisition incentives when it is not fully liable for the harm...
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| Veröffentlicht in: | MAGKS - Joint Discussion Paper Series in Economics (Band 19-2017) |
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| Autoren: | , |
| Format: | Artikel |
| Sprache: | Englisch |
| Veröffentlicht: |
Philipps-Universität Marburg
2017
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| Schlagworte: | |
| Online Zugang: | PDF-Volltext |
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MAGKS - Joint Discussion Paper Series in Economics