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Product Safety and Harm Mitigation Incentives by Temesgen Dofe is a document available to read on EtoBox.

What is Product Safety and Harm Mitigation Incentives about?

The document analyzes the incentives for firms to invest in product safety and harm mitigation, focusing on the effects of product liability levels. It finds that while post-sale harm mitigation is incentivized by higher liability, pre-sale safety investments follow a U-shaped relationship with liability, making them substitutes at low levels and complements at high levels. The authors argue that an optimal level of liability exists that encourages efficient harm mitigation without excessively reducing the

Author

Temesgen Dofe

Language

EN