Joint and Several Liability

Authors

Lewis A. Kornhauser, New York University School of LawFollow
Richard L. Revesz, New York University School of LawFollow

Files

Description

The law and economics analysis of the comparison of joint and several liability with several only (non-joint) liability examines the relative incentives for both deterrence and settlement generated by the two rules and their fairness. Section 4.2 provides a brief background of the legal regimes. Sections 4.3 and 4.4 compare, respectively, the settlement and deterrence effects of the two rules. Section 4.5 considers the fairness of the two regimes.

Source Publication

Tort Law and Economics

Source Editors/Authors

Michael Faure

Publication Date

2009

Edition

2

Recommended Citation

Kornhauser, Lewis A. and Revesz, Richard L., "Joint and Several Liability" (2009). Faculty Chapters. 1024.
https://gretchen.law.nyu.edu/fac-chapt/1024