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Injurers versus Victims: (A)Symmetric Reactions to Symmetric Risks
Journal article   Peer reviewed

Injurers versus Victims: (A)Symmetric Reactions to Symmetric Risks

Alice Guerra and Francesco Parisi
The B.E. journal of theoretical economics, Vol.22(2), pp.603-620
2022-06-01

Abstract

C91 K13 laboratory experiment precautions tort theory
Tort models assume symmetry in the behavior of injurers and victims when faced by a threat of liability and a risk of harm without compensation, respectively. This assumption has never been empirically validated. Using a novel experimental design, we study the behavior of injurers and victims when facing symmetric accident risks. Experimental results provide qualified support for the symmetric behavior hypothesis.
url
https://doi.org/10.1515/bejte-2020-0101View
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