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| Giuseppe Dari-Mattiacci |
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| ''Limiting Limited Liability'' |
| ( 2006, Vol. 11 No.1 ) |
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| Limited liability may result in inefficient accident prevention, because a relevant portion of the expected harm is externalized on victims. This paper shows that under some restrictive conditions further limiting liability by means of a liability cap can improve caretaking. |
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| Keywords: |
JEL: K1 - Basic Areas of Law: General (Constitutional Law)
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| Manuscript Received : May 12 2006 | | Manuscript Accepted : Jun 14 2006 |
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