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...
| Publicado en: | American Economic Review Vol. 64; no. 1; pp. 149 - 162 |
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| Formato: | Artículo |
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American Economic Association
Mar1974
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| Acceso en línea: | Ver este registro en EBSCOhost |