Product Liability: the Case of an Asset with Random Life.

This article analyzes the risk factors that surround assets in commerce in the U.S. The risk is shared by three agents: the seller of the asset; the buyer; and an insurer. Assume that the buyer knows with certainty the form of the failure distribution but not the parameters. The seller and the insur...

Descripción completa

Detalles Bibliográficos

Publicado en:	American Economic Review Vol. 64; no. 1; pp. 149 - 162
Autor principal:	Brown, John P.
Formato:	Artículo
Publicado:	American Economic Association Mar1974
Materias:	Commerce Manufactured products Purchasing agents Selling Insurance companies United States
Acceso en línea:	Ver este registro en EBSCOhost