Read Getting Incentives Right: Improving Torts, Contracts, and Restitution

Getting Incentives Right: Improving Torts, Contracts, and Restitution

Robert Dandridge Cooter

4.9/5 (31454 ratings)

Description:Lawyers, judges, and scholars have long debated whether incentives in tort, contract, and restitution law effectively promote the welfare of society. If these incentives were ideal, tort law would reduce the cost and frequency of accidents, contract law would lubricate transactions, and restitution law would encourage people to benefit others. Unfortunately, the incentives in these laws lead to too many injuries, too little contractual cooperation, and too few unrequested benefits. "Getting Incentives Right" explains how law might better serve the social good.In tort law, Robert Cooter and Ariel Porat propose that all foreseeable risks should be included when setting standards of care and awarding damages. Failure to do so causes accidents that better legal incentives would avoid. In contract law, they show that making a promise often causes the person who receives it to change behavior and undermine the cooperation between the parties. They recommend several solutions, including a novel contract called "anti-insurance." In restitution law, people who convey unrequested benefits to others are seldom entitled to compensation. Restitution law should compensate them more than it currently does, so that they will provide more unrequested benefits. In these three areas of law, "Getting Incentives Right" demonstrates that better law can promote the well-being of people by providing better incentives for the private regulation of conduct.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 Getting Incentives Right: Improving Torts, Contracts, and Restitution. To get started finding Getting Incentives Right: Improving Torts, Contracts, and Restitution, 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: —

Format: PDF, EPUB & Kindle Edition

Publisher: —

Release: —

ISBN: 0691151598

Description: Lawyers, judges, and scholars have long debated whether incentives in tort, contract, and restitution law effectively promote the welfare of society. If these incentives were ideal, tort law would reduce the cost and frequency of accidents, contract law would lubricate transactions, and restitution law would encourage people to benefit others. Unfortunately, the incentives in these laws lead to too many injuries, too little contractual cooperation, and too few unrequested benefits. "Getting Incentives Right" explains how law might better serve the social good.In tort law, Robert Cooter and Ariel Porat propose that all foreseeable risks should be included when setting standards of care and awarding damages. Failure to do so causes accidents that better legal incentives would avoid. In contract law, they show that making a promise often causes the person who receives it to change behavior and undermine the cooperation between the parties. They recommend several solutions, including a novel contract called "anti-insurance." In restitution law, people who convey unrequested benefits to others are seldom entitled to compensation. Restitution law should compensate them more than it currently does, so that they will provide more unrequested benefits. In these three areas of law, "Getting Incentives Right" demonstrates that better law can promote the well-being of people by providing better incentives for the private regulation of conduct.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 Getting Incentives Right: Improving Torts, Contracts, and Restitution. To get started finding Getting Incentives Right: Improving Torts, Contracts, and Restitution, 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.

Special Offer | $0.00

Special Offer! | $0.00

Getting Incentives Right: Improving Torts, Contracts, and Restitution

Getting Incentives Right: Improving Torts, Contracts, and Restitution

More Books

O Nó de Salomão. Como o Direito Pode Erradicar a Pobreza das Nações

O Nó de Salomão. Como o Direito Pode Erradicar a Pobreza das Nações