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The Welfare Effects of Medical Malpractice Liability [PDF]

open access: yes
Policymakers and the public are concerned about the role of medical malpractice liability in the rising cost of medical care. We use variation in the generosity of local juries to identify the causal impact of malpractice liability on medical costs ...
Darius N. Lakdawalla, Seth A. Seabury
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Law and Economics of Obligations [PDF]

open access: yes
While various liability rules of tort law provide efficient incentives to invest, breach remedies of contract law are claimed to be distortive. Since, at least in Germany, obligations law provides general rules for both contractual and tort relationships
Urs Schweizer
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