Discuss the eciency properties of the following liability, Business Economics

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Discuss the eciency properties of the following liability

Discuss the e?ciency properties of the following liability rules, by predicting the outcome under the rule. Also, discuss who bears the accident cost under the predicted outcome. Assume unilateral care accident contexts, i.e., only the potential injurer can take care.

(a) Rule of No liablity

(b) Rule of Strict Liability

(c) Rule of Negligence

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