Abstract
Tort models assume symmetry in the behavior of injurers and victims when faced by a threat of liability and a risk of harm without compensation, respectively. This assumption has never been empirically validated. Using a novel experimental design, we study the behavior of injurers and victims when facing symmetric accident risks. Experimental results provide qualified support for the symmetric behavior hypothesis.
Original language | English (US) |
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Pages (from-to) | 603-620 |
Number of pages | 18 |
Journal | B.E. Journal of Theoretical Economics |
Volume | 22 |
Issue number | 2 |
DOIs | |
State | Published - Jun 1 2022 |
Bibliographical note
Publisher Copyright:© 2021 Alice Guerra et al., published by De Gruyter, Berlin/Boston.
Keywords
- laboratory experiment
- precautions
- tort theory