Tort Liability
topic on 1 show · 1 statements across 1 episodes
1 statements about Tort Liability, every show
McCord: Complex systems adapt best under simple property and liability rules
“Actually, the best way in complex systems is to have
A very simple uniform set of rules like property rights or contract law or tort liability.
And these things are much better at adapting than trying to come up with a patchwork of systems that just lead to in…”