A copy of this work was available on the public web and has been preserved in the Wayback Machine. The capture dates from 2019; you can also visit the original URL.
The file type is application/pdf
.
Computational Complexity and Tort Deterrence
2019
Social Science Research Network
Standard economic models of tort deterrence assume that a tortfeasor's precaution set is convex-usually the non-negative real numbers, interpreted as the set of feasible levels of spending on safety. In reality, however, the precaution set is often discrete. A good example is the problem of complex product design (e.g., the Boeing 737 MAX airplane), where the problem is less about how much one spends on safety and more about which combination of safety measures one selects from a large but
doi:10.2139/ssrn.3480709
fatcat:izq2t34l4rhrjlwfum34jgq6cm