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Browsing Economics and Business Working Papers Series by Subject "accidents"

Browsing Economics and Business Working Papers Series by Subject "accidents"

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  • Ganuza, Juan José; Gómez, Fernando (2002-12-01)
    The paper deals with a bilateral accident situation in which victims have heterogeneous costs of care. With perfect information,efficient care by the injurer raises with the victim's cost. When the injurer cannot observe at ...
  • Ganuza, Juan José; Gómez, Fernando (2003-03-01)
    We study the standard economic model of unilateral accidents, in its simplest form, assuming that the injurers have limited assets.We identify a second-best optimal rule that selects as due care the minimum of first-best ...

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