{"id":27031,"date":"2017-01-09T13:45:23","date_gmt":"2017-01-09T13:45:23","guid":{"rendered":"https:\/\/content.findlaw-admin.com\/ability-legal\/lawandeconomics\/bibliographies\/2400-compulsory-insurance.html"},"modified":"2017-01-09T13:45:23","modified_gmt":"2017-01-09T13:45:23","slug":"2400-compulsory-insurance","status":"publish","type":"law_economics","link":"https:\/\/reference.findlaw.com\/lawandeconomics\/bibliographies\/2400-compulsory-insurance.html","title":{"rendered":"Encyclopedia of Law &#038; Economics \u2013 2400 Compulsory Insurance"},"content":{"rendered":"<div>\n<ul class=\"links\">\n<li>Abraham, Kenneth S. (1986), <em>Distributing Risk: Insurance, Legal Theory and Public Policy (in American Insurance Law) <\/em>, New Haven, Yale University Press, 254 p. <\/li>\n<li>Abraham, Kenneth S. (1990), &#8216;Products Liability Law and Insurance Profitability&#8217;, <b>19 <\/b> <em>Journal of Legal Studies <\/em>, 837-844. <\/li>\n<li>Alchian, Armand A. and Demsetz, Harold (1972), &#8216;Production, information costs, and economic organization&#8217;, <b>62 <\/b> <em>American Economic Review <\/em>, 777-795. <\/li>\n<li>Allen, R. F. (1974), &#8216;Cross Sectional Estimates of Cost Economies in Stock Property-Liability Companies&#8217;, <b>LVI <\/b> <em>The Review of Economics and Statistics <\/em>, 100-103. <\/li>\n<li>Anderson, Elizabeth, Chrostowski, Paul and Vreeland, Judy (1989), &#8216;Risk Assessment Issues Associated With Cleaning up Inactive Hazardous Waste Sites&#8217;, <b>14 <\/b> <em>Geneva Papers on Risk and Insurance <\/em>, 104-119. <\/li>\n<li>Arrow, Kenneth J. (1965), <em> Aspects of the Theory of Risk-bearing <\/em>, Helsinki, Yrjo Jahnsson Saatio. <\/li>\n<li>Arrow, Kenneth J. (1974), &#8216;Optimal Insurance and Generalized Deductibles&#8217;, <em>Scandinavian Actuarial Journal <\/em>, 1-42. <\/li>\n<li>Becker, Gary S. and Ehrlich, Isaac (1972), &#8216;Market Insurance, Self-insurance, and Self-protection&#8217;, <b>80 <\/b> <em>Journal of Political Economy <\/em>, 623-648. <\/li>\n<li>Benston, George J. and Smith, Clifford W. (1976), &#8216;A Transactions Cost Approach to the Theory of Financial Intermediation&#8217;, <b>31 <\/b> <em>Journal of Finance <\/em>, 215-231. <\/li>\n<li>Berger, Robert G. (1988), &#8216;The Impact of Tort Law Development on Insurance: The Availability\/Affordability Crisis and Its Potential Solutions&#8217;, <b>37 <\/b> <em>American University Law Review <\/em>, 285 ff. <\/li>\n<li>Bongaerts, Jan C. and De Bivre, Aline (1987), &#8216;Insurance for Civil Liability for Marine Oil Pollution Damages&#8217;, <b>12 <\/b> <em>Geneva Papers on Risk and Insurance <\/em>, 145-157. <\/li>\n<li>Borenstein, Severin (1989), &#8216;The Economics of Costly Risk Sorting in Competitive Insurance Markets&#8217;, <b>9 <\/b> <em>International Review of Law and Economics <\/em>, 25-39. <\/li>\n<li>Briys, Eric, Kahane, Yehuda and Kroll, Yoram (1988), &#8216;Voluntary Insurance Coverage, Compulsory Insurance, and Risky Riskless Portfolio Opportunities&#8217;, <b>55(4) <\/b> <em>Journal of Risk and Insurance <\/em>, 713-722. <\/li>\n<li>Bruce, Christopher J. (1984), &#8216;The Deterrent Effects of Automobile Insurance and Tort Law: A Survey of the Empirical Literature&#8217;, <b>6 <\/b> <em>Law and Policy <\/em>, 67-100. <\/li>\n<li>Buchholz, Wolfgang and Wiegard, Wolfgang (1992), &#8216;Allokative Uberlegungen zur Reform der Pflegevorsorge (With English summary) (Insurance against Nursing Risk: Some Efficiency Consideration)&#8217;, <b>209(56) <\/b> <em>Jahrbuch f\u009fr National\u009akonomie und Statistik <\/em>, 441-457. <\/li>\n<li>Bunni, N.G. (1986), <em>Construction Insurance <\/em>, London, Elsevier Applied Science Publishers LTD. <\/li>\n<li>Chamberlin, John R. (1985), &#8216;Assessing the Fairness of Insurance Classifications&#8217;, <b>7 <\/b> <em>Research in Law and Economics <\/em>, 65-87. <\/li>\n<\/ul>\n<\/div>\n<div data-readmore=\"true\">\n<ul class=\"links\">\n<li>Cheek, Leslie (1989), &#8216;Insurance Issues Associated with Cleaning up Inactive Hazardous Waste Sites&#8217;, <b>14 <\/b> <em>Geneva Papers on Risk and Insurance <\/em>, 120-148. <\/li>\n<li>Chu, C. Y. Cyrus and Qian, Yingy (1995), &#8216;Vicarious Liability under a Negligence Rule&#8217;, <b>15 <\/b> <em>International Review of Law and Economics <\/em>, 305-322. <\/li>\n<li>Coase, Ronald H. (1937), &#8216;The Nature of the Firm&#8217;, <b>4 <\/b> <em>Economica <\/em>, 386-405. Reprinted in Kronman, Anthony T. and Posner, Richard A. (eds.), The Economics of Contract Law, Boston, Little Brown, 1979, 31-32. <\/li>\n<li>Cook, Philip J. and Graham, Daniel A. (1977), &#8216;The Demand for Insurance and Protection: The Case of Irreplaceable Commodities&#8217;, <b>91 <\/b> <em>Quarterly Journal of Economics <\/em>, 143-156. <\/li>\n<li>Cummins, J. David, &#8216;Economies of Scale in Independent Insurance Agencies&#8217;, <b>XLIV <\/b> <em>Journal of Risk and Insurance <\/em>, 539-553. <\/li>\n<li>Cummins, J. David and Weiss, Mary A. (1991), &#8216;The Effects of No Fault on Automobile Insurance Loss Costs&#8217;, <b>16 <\/b> <em>Geneva Papers on Risk and Insurance <\/em>, 20-38. <\/li>\n<li>Dahlby, B. G. (1981), &#8216;Adverse Selection and Pareto Improvements through Compulsory Insurance&#8217;, <b>37(3) <\/b> <em>Public Choice <\/em>, 547-548. <\/li>\n<li>Danzon, Patricia M. (1984), &#8216;Tort Reform and the Role of Governement in Private Insurance Markets&#8217;, <b>13 <\/b> <em>Journal of Legal Studies <\/em>, 517-549. <\/li>\n<li>Danzon, Patricia M. (1990), &#8216;Alternative Liability Regimes for Medical Injuries&#8217;, <b>15 <\/b> <em>Geneva Papers on Risk and Insurance <\/em>, 3-21. <\/li>\n<li>Deere, Donald R. (1989), &#8216;On the Potential for Private Insurers to Reduce the Inefficiencies of Moral Hazard&#8217;, <b>9 <\/b> <em>International Review of Law and Economics <\/em>, 219-222. <\/li>\n<li>Devlin, Rose Anne (1991), &#8216;Some Welfare Implications of No-Fault Automobile Insurance&#8217;, <b>10 <\/b> <em>International Review of Law and Economics <\/em>, 193-205. <\/li>\n<li>Dionne, Georges and Harrington, Scott E. (eds.) (1992), <em>Foundations of Insurance Economics, Readings in Economics and Finance <\/em>, Boston, Kluwer Academic Publishers. <\/li>\n<li>Doherty, Neil A. (1985), <em>Corporate Risk Management. A Financial Exposition <\/em>, New York, McGraw-Hill. <\/li>\n<li>Dong, W., Shah, H. and Wong, F. (1996), &#8216;A Rational Approach to Pricing of Catastrophe Insurance&#8217;, <b>12 <\/b> <em>Journal of Risk and Uncertainty <\/em>, 201-218. <\/li>\n<li>Endres, Alfred and Schwarze, Reimund (1991), &#8216;Allokationswirkungen einer Umwelt-Haftpflichtversicherung (Allocative Effects of an Environmental Liability Insurance)&#8217;, <b>14 <\/b> <em>Zeitschrift f\u009fr Umweltpolitik und Umweltrecht <\/em>, 1-25. <\/li>\n<li>Epstein, Richard A. (1984), &#8216;The Legal and Insurance Dynamics of Mass Tort Litigation&#8217;, <b>13 <\/b> <em>Journal of Legal Studies <\/em>, 475-506. <\/li>\n<li>Epstein, Richard A. (1996), &#8216;Catastrophic Responses to Catastrophic Risks&#8217;, <b>12 <\/b> <em>Journal of Risk and Uncertainty <\/em>, 287-308. <\/li>\n<li>Fama, Eugene F. (1990), &#8216;Contract Costs and Financing decision&#8217;, <b>1:2S <\/b> <em>Journal of Business <\/em>, 75-91. <\/li>\n<li>Faure, Michael G. (1990), &#8216;De verzekering van geldboeten bij zeewaterverontreiniging door olie (The Insurance of Fines with Respect to the Oil-Pol)&#8217;, in X (ed.), <em>Grensoverschrijdend strafrecht. Opstellen <\/em>, Arnhem, Gouda Quint, 203-221. <\/li>\n<li>Faure, Michael G. and Van den Bergh, Roger (1989), &#8216;Compulsory Insurance for Professional Liability&#8217;, <em>Geneva Papers on Risk and Insurance <\/em>, 308-330. <\/li>\n<li>Faure, Michael G. and Van den Bergh, Roger (1990), &#8216;Liability for Nuclear Accidents in Belgium from an Interest Group Perspective&#8217;, <b>10 <\/b> <em>International Review of Law and Economics <\/em>, 241-254. <\/li>\n<li>Fenn, Paul T. (1987), &#8216;Evaluating Irreplaceable Loss: Some Implications for Insurance and Liability Rules&#8217;, <b>12 <\/b> <em>Geneva Papers on Risk and Insurance <\/em>, 158-167. <\/li>\n<li>Fenn, Paul T. and Vlachonikolis, Ioannis (1990), &#8216;Bargaining Behaviour by Defendant Insurers: An Economic Model&#8217;, <b>15 <\/b> <em>Geneva Papers on Risk and Insurance <\/em>, 41-52. <\/li>\n<li>Fischer, M.J. (1996), &#8216;Union Carbide&#8217;s Bhopal Incident: A Retrospective&#8217;, <b>12 <\/b> <em>Journal of Risk and Uncertainty <\/em>, 257-269. <\/li>\n<li>Fleming, John G. (1990), &#8216;The Insurance Crisis&#8217;, <b>24 <\/b> <em>University of British Columbia Law Review <\/em>, 1-18. <\/li>\n<li>Frech, H. Edward III (ed.) (1988), <em>Health Care in America: The Political Economy of Hospitals and Health Insurance <\/em>, San Francisco, Pacific Research Institute for Public Policy. <\/li>\n<li>Friedman, B. (1974), &#8216;Risk Aversion and the Consumer Choice of Health Insurance Option&#8217;, <b>56 <\/b> <em>Review of Economics and Statistics <\/em>, 209-214. <\/li>\n<li>Goldberg, Victor P. (1994), &#8216;Recovery for Economic Loss following the Exxon Valdez Oil Spill&#8217;, <b>23 <\/b> <em>Journal of Legal Studies <\/em>, 1-39. <\/li>\n<li>Gollier, Christian and Scarmure, Patrick (1994), &#8216;The Spillover Effect of Compulsory Insurance&#8217;, <b>19(1) <\/b> <em>Geneva Papers on Risk and Insurance <\/em>, 23-34. <\/li>\n<li>Gravelle, Hugh S.E. (1991), &#8216;Insurance Law and Adverse Selecti on&#8217;, <b>11 <\/b> <em>International Review of Law and Economics <\/em>, 23-45. <\/li>\n<li>H\u008agg, G\u009aran, P.T. (1994), &#8216;The Economics of Trust, Trust-Sensitive Contracts, and Regulation&#8217;, <b>14 <\/b> <em>International Review of Law and Economics <\/em>, 437-451. <\/li>\n<li>Halpern, Paul J. and Carr, Jack L. (1981), <em>Liability Rules and Insurance Markets <\/em>, Ottawa, Consumer and Corporate Affairs Canada. <\/li>\n<li>Hansson, Ingemar and Skogh, G\u009aran (1987), &#8216;Moral Hazard and Safety Regulation&#8217;, <b>43 <\/b> <em>Geneva Papers on Risk and Insurance <\/em>, 132-144. <\/li>\n<li>Higgins, Richard S. (1981), &#8216;Products Liability Insurance, Moral Hazard, and Contributory Negligence&#8217;, <b>10 <\/b> <em>Journal of Legal Studies <\/em>, 111-130. <\/li>\n<li>Hogan, Andrew J. and Audrey, Robert T. (1984), &#8216;Compulsory Insurance and Allocative Efficiency in Agriculture&#8217;, <b>51(2) <\/b> <em>Journal of Risk and Insurance <\/em>, 342-348. <\/li>\n<li>Holderness, Clifford G. (1990), &#8216;Liability Insurers as Corporate Monitors&#8217;, <b>10 <\/b> <em>International Review of Law and Economics <\/em>, 115-129. <\/li>\n<li>Johnson, William R. (1977), &#8216;Choice of Compulsory Insurance Schemes under Adverse Selection&#8217;, <b>31(0) <\/b> <em>Public Choice <\/em>, 23-35. <\/li>\n<li>Karrer, H. (1957), <em>Elements of Credit Insurance. An International Survey <\/em>, London, Sir Isaac Pitman. <\/li>\n<li>Katzman, Martin T. (1987), &#8216;Environmental Risk Management Through Insurance&#8217;, <b>6 <\/b> <em>Cato Journal <\/em>, 775-799. <\/li>\n<li>Katzman, Martin T. (1988), &#8216;Pollution Liability Insurance and Catastrophic Environmental Risk&#8217;, <b>55 <\/b> <em>Journal of Risk and Insurance <\/em>, 75-100. <\/li>\n<li>Kehne, Jeffrey (1986), &#8216;Encouraging Safety Through Insurance-Based Incentives: Financial Responsibility for Hazardous Wastes&#8217;, <b>96 <\/b> <em>Yale Law Journal <\/em>, 403-427. <\/li>\n<li>Kunreuther, Howard (1966), &#8216;Mitigating Disaster Losses through Insurance&#8217;, <b>12 <\/b> <em>Journal of Risk and Uncertainty <\/em>, 171-187. <\/li>\n<li>Kunreuther, Howard (1987), &#8216;Problems and Issues of Environmental Liability Insurance&#8217;, <b>12 <\/b> <em>Geneva Papers on Risk and Insurance <\/em>, 180-197. <\/li>\n<li>Kunzman, Steven A. (1985), &#8216;The Insurer as Surrogate Regulator of the Hazardous Waste Industry: Solution or Perversion&#8217;, <b>20 <\/b> <em>Forum <\/em>, 169-188. <\/li>\n<li>Lacey, N.J. (1988), &#8216;Recent Evidence on the Liability Crisis&#8217;, <b>55 <\/b> <em>Journal of Risk and Insurance <\/em>, 499-508. <\/li>\n<li>Lamb, R. P. (1995), &#8216;An Exposure-Based Analysis of Property-Liability Insurer Stock Values around Hurricane Andrew&#8217;, <b>62 <\/b> <em>Journal of Risk and Insurance <\/em>, 111-123. <\/li>\n<li>Landes, Elisabeth M. (1982), &#8216;Insurance, Liability, and Accidents: A Theoretical and Empirical Investigation of the Effect of No-Fault Accidents&#8217;, <b>25 <\/b> <em>Journal of Law and Economics <\/em>, 49-65. <\/li>\n<li>Leland, Hayne E. and Pyle, D. J. (1977), &#8216;Informational Asymmetries, Financial Structure, and Financial Intermediation&#8217;, <b>32 <\/b> <em>Journal of Finance <\/em>, 371-387. <\/li>\n<li>Lindbeck, Assar (1994), &#8216;Overshooting, Reform and Retreat of the Welfare State&#8217;, <b>142(1) <\/b> <em>De Economist <\/em>, 1-19. <\/li>\n<li>Main, B.G. (1982), &#8216;Business Insurance and Large, Widely-held Corporations&#8217;, <em>Geneva Papers on Risk and Insurance <\/em>, 237-247. <\/li>\n<li>Main, B.G. (1983), &#8216;Why Large Corporations Purchase Property\/Liability Insurance&#8217;, <b>XXV <\/b> <em>California Management Review <\/em>, 84-95. <\/li>\n<li>Mayers, David and Smith, Clifford W., Jr. (1981), &#8216;Contractual Provisions, Organizational Structure, and Conflict Control in Insurance Markets&#8217;, <b>54 <\/b> <em>Journal of Business <\/em>, 407-434. <\/li>\n<li>Mayers, David and Smith, Clifford W., Jr. (1982), &#8216;On the Corporate Demand for Insurance&#8217;, <b>55 <\/b> <em>Journal of Business <\/em>, 281-295. <\/li>\n<li>Mayers, David and Smith, Clifford W., Jr. (1987), &#8216;Corporate Insurance and the Underinvestment Problem&#8217;, <b>1 <\/b> <em>Journal of Risk and Insurance <\/em>, 45-54. <\/li>\n<li>Nilsson, B. (1982), &#8216;Liability and Insurance for Damage Caused by Foreign Aircraft to Third Parties on the Surface &#8212; A possible New Approach to an Old Problem&#8217;, in Kean, A., (ed.), <em>Essays in Air Law <\/em>, Martinus Nijhoff. <\/li>\n<li>O&#8217;Driscoll, Gerald P., Jr. (1987), &#8216;The Liability Crisis: A Law and Economics Analysis&#8217;, <b>0(11) <\/b> <em>Federal Reserve Bank of Dallas Economic Review <\/em>, 1-13. <\/li>\n<li>Pashigian, B. Peter, Schkade. L.L. and Menefee G.H. (1966), &#8216;The Selection of an Optimal Deductible for a Given Insurance Policy&#8217;, <b>39 <\/b> <em>Journal of Business <\/em>, 35-44. <\/li>\n<li>Posey, Lisa Lipowski (1993), &#8216;Limited Liability and Incentives When Firms Can Inflict Damages Greater Than Net Worth&#8217;, <b>13 <\/b> <em>International Review of Law and Economics <\/em>, 325-330. <\/li>\n<li>Pozzo, Barbara (1996), <em>Danno ambientale ed imputazione della responsabilit.. Esperienze giuridiche a confronto (Environmental damage and charge of liability. Legal experiences compared) <\/em>, Milano, Giuffr\u008f. <\/li>\n<li>Pozzo, Barbara (1996), <em>Danno ambientale ed imputazione della responsabilit\u0088. Esperienze giuridiche a confronto (Environmental damage and charge of liability. Legal experiences compared) <\/em>, Milano, Giuffr\u008f. <\/li>\n<li>Pratt, John W. (1964), &#8216;Risk aversion in the Small and in the Large&#8217;, <b>32 <\/b> <em>Econometrica <\/em>. <\/li>\n<li>Priest, George L. (1966), &#8216;The Government, the Market, and the Problem of Catastrophic Loss&#8217;, <b>12 <\/b> <em>Journal of Risk and Uncertainty <\/em>, 219-237. <\/li>\n<li>Priest, George L. (1985), &#8216;The Invention of Enterprise Liability: A Critical History of the Intellectual Foundations of Modern Tort Law&#8217;, <b>14 <\/b> <em>Journal of Legal Studies <\/em>, 461-527. <\/li>\n<li>Priest, George L. (1987), &#8216;The Current Insurance Crisis and Modern Tort Law&#8217;, <b>96 <\/b> <em>Yale Law Journal <\/em>, 1521-1590. <\/li>\n<li>Priest, George L. (1988), &#8216;Products Liability Law and the Accident Rate in Liability: Perspectives and Policy&#8217;, in Litan, Robert E. and Winston, Clifford (eds.), <em>Liability: Perspectives and Policy <\/em>, Washington, Brookings Institution, 184-222. <\/li>\n<li>Rothschild, Michael and Stiglitz, Joseph E. (1976), &#8216;Equilibrium in Competitive Insurance Markets: An Essay on the Economics of Imperfect Information&#8217;, <b>90 <\/b> <em>Quarterly Journal of Economics <\/em>, 629-649. <\/li>\n<li>Rottenberg, Simon (1990), &#8216;Unintended Consequences: The Probable Effects of Mandated Medical Insurance&#8217;, <b>13(2) <\/b> <em>Regulation <\/em>, 21-28. <\/li>\n<li>Schmit, Joan T., &#8216;A New View of the Requisites of Insurability&#8217;, <b>53 <\/b> <em>Journal of Risk and Insurance <\/em>, 320-329. <\/li>\n<li>Schulenburg, J. Matthias Graf Von Der (1986), &#8216;Optimal Insurance Purchasing in the Presence of Compulsory Insurance and Uninsurable Risks&#8217;, <b>11 <\/b> <em>Geneva Papers on Risk and Insurance <\/em>, 5-16. <\/li>\n<li>Shavell, Steven, <em>An Economic Analysis of Accident Law <\/em>, Harvard University Press. <\/li>\n<li>Shavell, Steven (1979), &#8216;On Moral Hazard and Insurance&#8217;, <b>93 <\/b> <em>Quarterly Journal of Economics <\/em>, 541-562. <\/li>\n<li>Shavell, Steven (1982), &#8216;On Liability and Insurance&#8217;, <b>13 <\/b> <em>Bell Journal of Economics <\/em>, 120-132. <\/li>\n<li>Shavell, Steven (1986), &#8216;The Judgment Proof Problem&#8217;, <b>6 <\/b> <em>International Review of Law and Economics <\/em>, 45-58. <\/li>\n<li>Skogh, G\u009aran (1982), &#8216;Return to Scale in the Swedish Property-Liability Insurance Industry&#8217;, <em>Journal of Risk and Insurance <\/em>, 218-228. <\/li>\n<li>Skogh, G\u009aran (1989), &#8216;Professional Liability Insurance in Scandinavia.The Liability of Accountants, Barristers and Estate Agents&#8217;, <b>14 <\/b> <em>Geneva Papers on Risk and Insurance <\/em>, 360-370. <\/li>\n<li>Skogh, G\u009aran (1989), &#8216;The Transactions Costs of Insurance: Contracting Impediments and Costs&#8217;, <b>4 <\/b> <em>Journal of Risk and Insurance <\/em>, 726-732. <\/li>\n<li>Skogh, G\u009aran (1991), &#8216;Insurance and the Institutional Economics of Financial Intermediation&#8217;, <b>16 <\/b> <em>Geneva Papers on Risk and Insurance <\/em>, 59-72. <\/li>\n<li>Skogh, G\u009aran (1997), <em>Uncertainty, Mutual Risk-Sharing and the Evolution of Insurance, Department of Economics and the International Institute for Industrial Environmental Economics <\/em>, Lund University, Unpublished manuscript. <\/li>\n<li>Skogh, G\u009aran and Lidgren, K. (1996), &#8216;Extended Producers Responsibility. Recycling Liability and Guarantee Funds&#8217;, <b>79 <\/b> <em>Geneva Papers on Risk and Insurance <\/em>, 170-181. <\/li>\n<li>Sloan, Frank A., Reilly, Bridget A. and Schenzler, Christoph M. (1995), &#8216;Effects of Tort Liability and Insurance on Heavy Drinking and Drinking and Driving&#8217;, <b>38 <\/b> <em>Journal of Law and Economics <\/em>, 49-77. <\/li>\n<li>Smith, C.W., Jr. and Warner, Jerold B. (1979), &#8216;On Financial Contracting. An Analysis of Bond Covenants&#8217;, <em>Journal of Financial Economics <\/em>, 117-161. <\/li>\n<li>Strasser, Kurt A. and Rodosevich, D. (1993), &#8216;Seeing the Forest for the Trees in CERCLA Liability&#8217;, <b>10 <\/b> <em>Yale Journal of Regulation <\/em>, 493-560. <\/li>\n<li>Stuart, Charles (1983), &#8216;Pareto-Optimal Deductibles in Property-Liability Insurance: The Case of Homeowner Insurance in Sweden&#8217;, <em>Scandinavian Actuarial Journal <\/em>, 227-238. <\/li>\n<li>Sykes, Alan O. (1984), &#8216;The Economics of Vicarious Liability&#8217;, <b>93 <\/b> <em>Yale Law Journal <\/em>, 1231-1280. <\/li>\n<li>Sykes, Alan O. (1994), &#8216;&#8221;Bad Faith&#8221; Refusal to Settle by Liability Insurers: Some Implications of the Judgment Proof Problem&#8217;, <b>23 <\/b> <em>Journal of Legal Studies <\/em>, 77-110. <\/li>\n<li>Trebilcock, Michael J. (1987), &#8216;The Social-Insurance-Deterrence Dilemma of Modern North American Tort Law: A Canadian Perspective on the Liability Insurance Crisis&#8217;, <b>24 <\/b> <em>San Diego Law Review <\/em>, 929-1002. <\/li>\n<li>Viscusi, W. Kip and et al. (1993), &#8216;The Effect of 1980s Tort Reform Legislation on General Liability and Medical Malpractice Insurance&#8217;, <b>6 <\/b> <em>Journal of Risk and Uncertainty <\/em>, 165-186. <\/li>\n<li>Viscusi, W. Kip (1991), &#8216;The Dimensions of the Product Liability Crisis&#8217;, <b>20 <\/b> <em>Journal of Legal Studies <\/em>, 147-177. <\/li>\n<li>Wade, John W. (1987), &#8216;An Evaluation of the &#8220;Insurance Crisis&#8221; and Existing Tort Law&#8217;, <b>24 <\/b> <em>Houston Law Review <\/em>, 81-96. <\/li>\n<li>Williamson, Oliver E. (1979), &#8216;Transaction-Cost Economics: The Governance of contractual Relations&#8217;, <b>Oct <\/b> <em>Journal of Law and Economics <\/em>. <\/li>\n<li>Wils, Wouter P.J. (1994), &#8216;Insurance Risk Classifications in the EC: Regulatory Outlook&#8217;, <b>14 <\/b> <em>Oxford Journal of Legal Studies <\/em>, 449-467. <\/li>\n<li>Winter, Ralph A. (1991), &#8216;The Liability Insurance Market&#8217;, <b>5(3) <\/b> <em>Journal of Economic Perspectives <\/em>, 115-136. <\/li>\n<\/ul>\n<\/div>\n","protected":false},"parent":26944,"menu_order":0,"template":"","meta":{"_acf_changed":false,"_stopmodifiedupdate":false,"_modified_date":"","_cloudinary_featured_overwrite":false},"class_list":["post-27031","law_economics","type-law_economics","status-publish","hentry"],"acf":[],"_links":{"self":[{"href":"https:\/\/reference.findlaw.com\/legal-api\/wp-json\/wp\/v2\/law_economics\/27031","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/reference.findlaw.com\/legal-api\/wp-json\/wp\/v2\/law_economics"}],"about":[{"href":"https:\/\/reference.findlaw.com\/legal-api\/wp-json\/wp\/v2\/types\/law_economics"}],"up":[{"embeddable":true,"href":"https:\/\/reference.findlaw.com\/legal-api\/wp-json\/wp\/v2\/law_economics\/26944"}],"wp:attachment":[{"href":"https:\/\/reference.findlaw.com\/legal-api\/wp-json\/wp\/v2\/media?parent=27031"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}