Deterrence of uneconomical accidents
If the tort system were deemed a method of social insurance rather than one of deterrence of uneconomical accidents, would awards in tort cases be on average higher or lower than under the deterrence rationale? [Posner, page 213, #8]
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This part of the assignment requires you to compare and contrast two organisations, based on the case studies provided at the end of this document.
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Compare the relative efficiency of a precise government standard for ladders concerning their weight that the rungs must support, as opposed to the rule that the strength of the rungs should be determined as suits arise in a case-by-case basis usi
If the tort system were deemed a method of social insurance rather than one of deterrence of uneconomical accidents, would awards in tort cases be on average higher or lower than under the deterrence rationale?
Is it arguable that there is a greater economic justification for strict products liability to bystanders that for strict liability to purchasers of the product? [Posner, page 213, #8]
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