Arbeitspapier
An Axiomatic Analysis of Joint Liability Problems with Rooted -Tree Structure
For joint liability problems concerning tort law, a legal compensation scheme may be based on lower and upper bounds of compensation for injury and on case-system consistency. Introducing several properties inspired from this observation, we analyze compensation schemes axiomatically under the situation where causation of the cumulative injury appears in multiple sequences of wrongful acts. The situation underlying the model is described by a rooted-tree graph. We show that there is a unique compensation scheme that satisfies three axioms, one about lower bounds of individual compensations, one about upper bounds of individual compensations, and one about case-system consistency. This unique compensation scheme is the nucleolus of an associated liability game.
- Language
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Englisch
- Bibliographic citation
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Series: Tinbergen Institute Discussion Paper ; No. 16-042/II
- Classification
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Wirtschaft
Equity, Justice, Inequality, and Other Normative Criteria and Measurement
Tort Law and Product Liability; Forensic Economics
Legal Procedure, the Legal System, and Illegal Behavior: Other
- Subject
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Liability problems
Tort law
Rooted-tree graph
Axiomatization
Nucleolus
- Event
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Geistige Schöpfung
- (who)
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Oishi, Takayuki
van der Laan, Gerard
van den Brink, René
- Event
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Veröffentlichung
- (who)
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Tinbergen Institute
- (where)
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Amsterdam and Rotterdam
- (when)
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2016
- Handle
- Last update
-
10.03.2025, 11:44 AM CET
Data provider
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ZBW - Deutsche Zentralbibliothek für Wirtschaftswissenschaften - Leibniz-Informationszentrum Wirtschaft. If you have any questions about the object, please contact the data provider.
Object type
- Arbeitspapier
Associated
- Oishi, Takayuki
- van der Laan, Gerard
- van den Brink, René
- Tinbergen Institute
Time of origin
- 2016
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