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01.á.250.4245 |
The Economic Analysis of Tort Law |
2 credits 3/2008 |
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Professor
Hans-Bernd Schaefer |
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The course provides
a comprehensive overview on the economic analysis of tort law and specialises on recent
developments with
special reference to environmental liability and torts in the marketplace.
The
main topics will be: negligence, strict liability, unilateral and bilateral
torts, causation,
compensation for pain
and suffering and for non-monetary losses,
the valuation of a
statistical life, problems of environmental liability, compensation for pure
economic loss,
liability of experts
and auditors, directors' liability.
Literature: Hans-Bernd Schaefer and Claus Ott, The Economic Analysis of
Civil Law, Edward Elgar 2004
More
literature will be made available in class.
Take Home Exam
reading material
Dari Mattiaci and Garupa 2007_Least-Cost
Avoidance The Tragedy of Common Safety
Demougin and Fluet 1999_A Further Justification for the Negligence Rule
Demougin and Fluet 2006_Preponderance of evidence
kornhauser-revesz_tortfeasors_jointseverlliability
mattiacci-schaefer_corepureeconomicloss
Miceli 2006_On Negligence
Rules and Self Selection
Micheli and Segerson 2003_A note on optimal care by wealth-constrained
injurers
Nell and Richter 2003_The
design of liability rules for highly risky activities
ott-schaefer_untakenprecaution
schaefer-ott_ch10_specialproblemscivilliability
schaefer-ott_ch9_causalityattribution
Schfer and Schnenberger 1999_Strict liability vs
neglige-205
Shavell 2007_Chapter 2 Liability
for Accidents