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http://hdl.handle.net/1942/28093
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DC Field | Value | Language |
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dc.contributor.author | DE MOT, Jef | - |
dc.contributor.author | Faure, Michael G. | - |
dc.date.accessioned | 2019-05-02T06:55:27Z | - |
dc.date.available | 2019-05-02T06:55:27Z | - |
dc.date.issued | 2019 | - |
dc.identifier.citation | The Geneva papers on risk and insurance. Issues and practice, 44 (4), p. 760-783 | - |
dc.identifier.issn | 1018-5895 | - |
dc.identifier.uri | http://hdl.handle.net/1942/28093 | - |
dc.description.abstract | We examine the influence of introducing public authority liability in the context of disasters. In an ideal setting a rule of comparative negligence would incentivise the government to take an optimal amount of care. The citizen, being the residual bearer of the loss, would consequently also take optimal care. However, in the specific context of disasters, public authority liability may backfire and lead to more losses than without such liability. We argue that under some circumstances perverse incentives of citizens may increase with liability. We focus inter alia on (1) the difficulties that may exist to incentivise public authorities through liability rules, (2) the specific characteristics of comparative negligence that may make public authorities liable for the lion’s share of the damages, (3) the problem of negative expected value suits and (4) the fact that public authorities may be much more inclined to intervene ex post when damages exceed a threshold. | - |
dc.language.iso | en | - |
dc.publisher | PALGRAVE MACMILLAN LTD | - |
dc.rights | The Geneva Association 2019 | - |
dc.subject.other | Public authority liability | - |
dc.subject.other | Disaster insurance | - |
dc.subject.other | Comparative negligence | - |
dc.subject.other | Negative expected value suits | - |
dc.title | Public Authority Liability and the Costs of Disasters | - |
dc.type | Journal Contribution | - |
dc.identifier.epage | 783 | - |
dc.identifier.issue | 4 | - |
dc.identifier.spage | 760 | - |
dc.identifier.volume | 44 | - |
local.bibliographicCitation.jcat | A1 | - |
dc.description.notes | De Mot, J (reprint author), Hasselt Univ, Hasselt, Belgium jdemot@yahoo.com; Michael.Faure@Maastrichtuniversity.nl | - |
local.publisher.place | BRUNEL RD BLDG, HOUNDMILLS, BASINGSTOKE RG21 6XS, HANTS, ENGLAND | - |
local.type.refereed | Refereed | - |
local.type.specified | Article | - |
dc.identifier.doi | 10.1057/s41288-019-00121-1 | - |
dc.identifier.isi | 000485027900009 | - |
dc.identifier.eissn | 1468-0440 | - |
local.uhasselt.international | yes | - |
item.accessRights | Open Access | - |
item.fullcitation | DE MOT, Jef & Faure, Michael G. (2019) Public Authority Liability and the Costs of Disasters. In: The Geneva papers on risk and insurance. Issues and practice, 44 (4), p. 760-783. | - |
item.fulltext | With Fulltext | - |
item.contributor | DE MOT, Jef | - |
item.contributor | Faure, Michael G. | - |
crisitem.journal.issn | 1018-5895 | - |
crisitem.journal.eissn | 1468-0440 | - |
Appears in Collections: | Research publications |
Files in This Item:
File | Description | Size | Format | |
---|---|---|---|---|
GP9Jan (1).pdf | Peer-reviewed author version | 626.09 kB | Adobe PDF | View/Open |
Public authority liability and the cost of disasters.pdf Restricted Access | Published version | 766.62 kB | Adobe PDF | View/Open Request a copy |
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