The economic analysis of tort law has established that for efficiency it is necessary that each party to the interaction must be made to internalize the harm resulting from the interaction the characterization and impossibility theorems presented in this book establish that in addition to internalization of the harm by each party there are two additional requirements for efficiency firstly rules must be immune from strategic manipulation secondly rules must entail closure with respect . The economic analysis of tort law has established that for efficiency it is necessary that each party to the interaction must be made to internalize the harm resulting from the interaction the characterization and impossibility theorems presented in this book establish that in addition to internalization of the harm by each party there are two additional requirements for efficiency firstly rules must be immune from strategic manipulation secondly rules must entail closure with respect . Economic analysis of liability rules jain satish kumar kumar isbn 9788132235026 kostenloser versand fur alle bucher mit versand und verkauf duch amazon. This book focuses on the analysis of liability rules of tort law from an efficiency perspective presenting a comprehensive analysis of these rules in a self contained and rigorous yet accessible manner