Unité mixte de recherche 7235

On the Political Economy of Public Safety Investments

Tim Friehe, Eric Langlais

[en]This paper explores the interaction of private precaution and public safety investments when the latter are determined in a political process. We distinguish the scenarios in which the median victim infuences public safety from the one in which the injurer lobbies the public agent, and analyze both negligence and strict liability with a defense of contributory negligence. We establish that the levels of injurer and victim care are always socially optimal for the equilibrium level of public safety. However, the equilibrium level of public safety differs from its fi…rst-best level and drastically depends on both the specifi…cs of the political process and the liability rule applied. This entails that the level of social costs is critically determined by the choice between liability rules for a given political process.[/en]

AGENDA

lundi 27 juin 2022

Law, Institutions and Economics in Nanterre (LIEN)

Miriam Buiten (St Gallen Univ)

En distanciel à 11H30

From intermediaries to moderators of the internet: Should online platforms be liable?

jeudi 30 juin 2022

Doctorants

Zoltán Szücs | Gagnie Pascal Yebarth

Salle 401-402

Le rôle de la police municipale dans la satisfaction des attentes de la population parisienne en termes de tranquillité publique | Politiques publiques et externalités dans les jeux stratégiques de marché

vendredi 1 juillet 2022

Colloques et Workshops

9th Workshop on Economic Analysis of Litigation

lundi 4 juillet 2022

Colloques et Workshops

Webinar conjoint sur l’environnement et la santé dans les villes maritimes

lundi 18 juillet 2022

Colloques et Workshops

Workshop “Sustainability, Public Action, and Well-Being”

jeudi 1 septembre 2022

Professeurs invités

Stéphane Méchoulan

vendredi 16 septembre 2022

Colloques et Workshops

Tables rondes de macro-finance contemporaine

lundi 19 septembre 2022

Colloques et Workshops

Valeur, valeurs

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