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Strict liability and negligence rules when the product is information. (English) Zbl 0800.90263
91B44 Economics of information
91B26 Auctions, bargaining, bidding and selling, and other market models
Full Text: DOI
[1] Akelof, G.A., The market for ‘lemons’: quality uncertainty and the market mechanism, Quarterly journal of economics, 84, 488-500, (1970)
[2] Gode, D., An analysis of auditors’ legal liability, (1993), Carnegie Mellon University, mimeo
[3] Polinsky, M., Strict liability vs. negligence in a market setting, American economic review, 70, 363-367, (1980)
[4] Shavell, S., Strict liability versus negligence, Journal of legal studies, 9, 1-25, (1980)
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