Vicarious Liability Under a Strict Liability Rule

被引:1
作者
Chun, Se-Hak [2 ]
Kim, Jeong-Yoo [1 ]
机构
[1] Kyung Hee Univ, Dept Econ, 1 Hoegidong, Seoul 130701, South Korea
[2] Seoul Natl Univ Sci & Technol, Seoul, South Korea
关键词
vicarious liability; strict liability; joint and several liability; negligence rule; judgement-proof;
D O I
10.1515/ajle-2021-0045
中图分类号
D9 [法律]; DF [法律];
学科分类号
0301 ;
摘要
In this article, we extend the model of Newman, H., and D. Wright. 1990. "Strict Liability in a Principal-Agent Model." International Review of Law and Economics 10: 219-231 and strengthens their result that the strict liability can attain social optimum in a principal-agent relation to the situation in which the court appreciates any contractual terms regarding apportionment of damages between an employer and an employee under vicarious liability rule. Our model also generalizes and extends vicarious liability to the negligence-based liability rule.
引用
收藏
页码:287 / 297
页数:11
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