Flaws in Liability Insurance Market Fuel Recurring Crises, Undermine Fairness
The article discusses how to fairly assign liability for injuries caused by multiple parties. It argues for a method where each wrongdoer is fully responsible for their part in the injury, even if the victim was also at fault. It criticizes the arguments used to change this method and highlights the role of insurance markets in liability issues. The research shows that reforms meant to lower insurance costs have not been effective.