Arbeitspapier
On Liability Insurance for Automobiles
Car owners are liable for property damage inflicted on other motorists. In most countries such liability must be insured by law. That law may favor expensive or heavy vehicles, prone to suffer or inflict large losses. This paper explores links between liability rules and vehicle choice. It presumes cooperative insurance, but non-cooperative acquisition of vehicles. Thus, the Nash equilibrium and its degree of efficiency depend on the liability regime.
- Sprache
-
Englisch
- Erschienen in
-
Series: SFB/TR 15 Discussion Paper ; No. 321
- Klassifikation
-
Wirtschaft
Cooperative Games
Noncooperative Games
Allocative Efficiency; Cost-Benefit Analysis
Tort Law and Product Liability; Forensic Economics
- Thema
-
liability
mutual insurance
core
pure Nash equilibrium
anonymous games
non-atomic measure
Kfz-Versicherung
Kraftfahrzeug
Entscheidung
Spieltheorie
Nash-Gleichgewicht
Theorie
- Ereignis
-
Geistige Schöpfung
- (wer)
-
Flåm, Sjur Didrik
Wolfstetter, Elmar G.
- Ereignis
-
Veröffentlichung
- (wer)
-
Sonderforschungsbereich/Transregio 15 - Governance and the Efficiency of Economic Systems (GESY)
- (wo)
-
München
- (wann)
-
2010
- DOI
-
doi:10.5282/ubm/epub.13233
- Handle
- URN
-
urn:nbn:de:bvb:19-epub-13233-3
- Letzte Aktualisierung
-
10.03.2025, 11:42 MEZ
Datenpartner
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Objekttyp
- Arbeitspapier
Beteiligte
- Flåm, Sjur Didrik
- Wolfstetter, Elmar G.
- Sonderforschungsbereich/Transregio 15 - Governance and the Efficiency of Economic Systems (GESY)
Entstanden
- 2010