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picture1_Economics Pdf 125496 | J Shepherd Law And Econ Practice Uestions 2014


picture2_Economics Pdf 125496 | J Shepherd Law And Econ Practice Uestions 2014 picture3_Economics Pdf 125496 | J Shepherd Law And Econ Practice Uestions 2014

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File: Economics Pdf 125496 | J Shepherd Law And Econ Practice Uestions 2014
Practice Questions Introduction to Law & Economics Answers in Red Multiple Choice 1. The optimal number of murders is zero. (a) Yes; (b) No, because of enforcement costs; (c) ...

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...Practice questions introduction to law economics answers in red multiple choice the optimal number of murders is zero a yes b no because enforcement costs c murder could be justifiable d none above court makes serious errors measuring injurer s care level hence rule strict liability preferred negligence contribution victim determines accident risk implication coase theorem for contract remedy breach it irrelevant nature if transaction are low should not allowed mandatory both buyer ms and seller mr house set price hundred thousand euros paid immediately upon delivery keys property registration before date calls saying she has discovered that new chemical station will constructed nearby which reduces value after news two eighty what efficient outcome performed suppose factory emits pollutants injure adjacent homeowners promote efficiency creates an incentive relocate different location harm causes greater than its profits move cost moving less caused by pollution holds liable damages or...
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