Description:On 12 June 2009,Michael Faure accepted the position of Professor in Comparative Private Law and Economics at Erasmus University Rotterdam. In his inaugural speech Faure discusses the importance of behavioural studies for the economic analysis of accident law. The assumptions of traditional economic models of tort and insurance are discussed as well as the main findings of behavioural law and economics. Also, the consequences of the behavioural studies for the economic analysis of tort law and insurance are addressed. Faure claims that as far as the economics of tort is concerned it may be difficult to incorporate the results of the behavioural studies since it could substantially increase the administrative costs of applying tort rules. As far as the area of insurance is concerned cognitive limitations may (e.g. as far as natural disasters are concerned) constitute an argument in favour of mandatory insurance in particular areas. Michael Faure (1958) acquired his doctoral degree in 1989 with a thesis on enforcement of environmental law through criminal law. He started in 1991 as professor of international and comparative environmental law and as academic director of the Maastricht European Institute for Transnational Legal Research (METRO) and still holds both positions today.We have made it easy for you to find a PDF Ebooks without any digging. And by having access to our ebooks online or by storing it on your computer, you have convenient answers with The impact of Behavioural Law and Economics on Accident Law. To get started finding The impact of Behavioural Law and Economics on Accident Law, you are right to find our website which has a comprehensive collection of manuals listed. Our library is the biggest of these that have literally hundreds of thousands of different products represented.
Pages
83
Format
PDF, EPUB & Kindle Edition
Publisher
Eleven International Publishing
Release
2009
ISBN
9089741577
The impact of Behavioural Law and Economics on Accident Law
Description: On 12 June 2009,Michael Faure accepted the position of Professor in Comparative Private Law and Economics at Erasmus University Rotterdam. In his inaugural speech Faure discusses the importance of behavioural studies for the economic analysis of accident law. The assumptions of traditional economic models of tort and insurance are discussed as well as the main findings of behavioural law and economics. Also, the consequences of the behavioural studies for the economic analysis of tort law and insurance are addressed. Faure claims that as far as the economics of tort is concerned it may be difficult to incorporate the results of the behavioural studies since it could substantially increase the administrative costs of applying tort rules. As far as the area of insurance is concerned cognitive limitations may (e.g. as far as natural disasters are concerned) constitute an argument in favour of mandatory insurance in particular areas. Michael Faure (1958) acquired his doctoral degree in 1989 with a thesis on enforcement of environmental law through criminal law. He started in 1991 as professor of international and comparative environmental law and as academic director of the Maastricht European Institute for Transnational Legal Research (METRO) and still holds both positions today.We have made it easy for you to find a PDF Ebooks without any digging. And by having access to our ebooks online or by storing it on your computer, you have convenient answers with The impact of Behavioural Law and Economics on Accident Law. To get started finding The impact of Behavioural Law and Economics on Accident Law, you are right to find our website which has a comprehensive collection of manuals listed. Our library is the biggest of these that have literally hundreds of thousands of different products represented.