Many people think that liability for accidents should be based in part on negligence. For example, a

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Many people think that liability for accidents should be based in part on negligence. For example, a negligence rule might state that if two cars collide while one driver is following traffic laws while the other is not, the second driver should bear full responsibility, while the first should bear none. Does that rule make sense from the perspective of economic efficiency? Why or why not?
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Microeconomics

ISBN: 978-1118572276

5th edition

Authors: David Besanko, Ronald Braeutigam

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