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| Harshil Kaur and Rajendra P. Kundu |
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| ''Efficient Liability Assignment: Is Coupling a Necessity?'' |
| ( 2020, Vol. 40 No.3 ) |
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| The paper, by providing example of an efficient liability assignment rule under which liabilities of interacting parties for accidental losses is not always coupled, demonstrates that decoupling is not inconsistent with efficient assignment of liabilities. |
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| Keywords: Liability assignment rule, efficiency, Nash equilibrium, decoupling |
JEL: K3 - Other Substantive Areas of Law: General
K1 - Basic Areas of Law: General (Constitutional Law) |
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| Manuscript Received : Jan 08 2020 | | Manuscript Accepted : Aug 31 2020 |
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