For which liability standard would you expect the litigation costs to be greaternegligence or strict liability? Why?

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For which liability standard would you expect the litigation costs to be greater—negligence or strict liability? Why? Is that an additional efficiency argument for preferring one standard to the other?

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Law and economics

ISBN: 978-0132540650

6th Edition

Authors: Robert cooter, Thomas ulen

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Question Posted: Aug 11, 2012 03:23 AM

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For which liability standard would you expect the litigation costs to be greaternegligence or strict liability? Why?

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Under any form of the negligence standard the plaintiff needs to prove harm cause and breach of a du...View the full answer

Law and economics

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