Discuss the effects on efficient behavior of different liability rules, including comparative
negligence. Include in your discussion an analysis of the efficiency of the various rules and discuss
the differing costs of administering the rules.
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Your questions are as much about law as economics; and at a fairly high level at that. Further, you are asking for a multi-page essay/paper rather than succient answers. While we, the Jiskha volunteers, can generally critique your answers, I don't think anybody has the composite background to answer your questions at the level you seem to need.
1 answer