Liability rules by predicting the outcome under the rule

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Discuss the e?ciency properties of the following liability rules, by predicting the outcome under the rule. Also, discuss who bears the accident cost under the predicted outcome. Assume unilateral care accident contexts, i.e., only the potential injurer can take care.

(a) Rule of No liablity

(b) Rule of Strict Liability

Reference no: EM131101487

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