Economic Analysis of Accident Law.
从经济学角度分析事故法,探讨责任规则如何影响事故风险、受害者赔偿及风险分配,并考察诉讼的行政成本,指出私人诉讼激励与社会最优激励的差异。
Accident law is the body of legal rules governing the ability of victims of harm to sue and to collect payments from those who injured them.This paper contains the chapters on accident law from a general, forthcoming book, Foundations of Economic Analysis of Law (Harvard University Press, 2003).The analysis is first concerned (chapters 2-4) with the influence of liability rules on incentives to reduce accident risks.Then consideration of accident law is broadened (chapter 5) to reflect the effect of liability rules on compensation of victims and the allocation of risk.In this regard a central issue is the roles of victims' insurance and of liability insurance, and how they alter the incentives inherent in liability rules.Finally, the administrative costs of the liability system, namely, the private and public legal costs of litigation, are examined (chapter 6).These costs are significant and thus bear importantly on whether use of accident law is socially desirable.It is emphasized that social intervention --either to curtail use of the legal system or to encourage it -may well be needed because the private incentives to use the system are generally different from the socially desirable incentives to do so.