• 00:01    |    
    Initial credits
  • 00:06    |    
  • 00:35    |    
    Efficient precaution
    • Economic analysis of Law
    • Quote, n , Guido Calabresi (1970)
  • 02:52    |    
    Measures of Liability
    • Compensation
    • Disgorgement
    • Representation of compensation and disgorgement
    • Injurer's utility level and engorgement
    • Importance of precautions
  • 09:33    |    
    Implementations of efficient compensations
    • Exposure to risk
    • Realization of accident
  • 12:41    |    
    Disgorgement's efficient implementations
    • Exposure to risk and compensation
    • Liability for exposure and its implementation
    • Realization of accident
  • 15:44    |    
    Concepts of disgorgement
    • Numerical example of the probability of harm
    • Comparing liabilities in different countries
  • 19:30    |    
    Advantages of disgorgement damages for accidents
    • Observation and measurement
    • Example of the advantage
    • Victim's incentives
    • Example of the advantage
    • Over or under deterrence
    • Positive externalities
  • 25:46    |    
    Final credits

Disgorgement Damages for Accidents

New Media  | 26 de mayo de 2014  | Vistas: 13

Robert Cooter talks about the liability for accidents in torts and contracts and shares the work of his recent book Getting Incentives Right as well as new material to extend the content of the book. Cooter addresses the topic of efficient precaution for accidents and the measurements of liability, which are compensation and disgorgement. He speaks about compensation and disgorgement's efficient implementations along with various numerical examples. He finishes by describing the advantages of disgorgement damages for accidents with several examples about the victim's incentives, over or under deterrance and positive externalities.


Robert Cooter is the Herman F. Selvin Professor at the University…


Nuestra misión es la enseñanza y difusión de los principios éticos, jurídicos y económicos de una sociedad de personas libres y responsables.

Universidad Francisco Marroquín