"If the legal standard of care in a negligence rule is necessarily vague, the court should set it below thelevel of efficient precaution." Explain the economic argument in favor of this proposition.

Carelessness/Negligence claims should demonstrate four things in court: obligation, break,…

Answered: "If the legal standard of care in a…

Business

Economics

"If the legal standard of care in a negligence rule is necessarily vague, the court should set it

EBK HEALTH ECONOMICS AND POLICY

7th Edition

ISBN:9781337668279

Author:Henderson

Publisher:Henderson

Chapter12: Medicare

Section: Chapter Questions

Problem 4QAP

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"If the legal standard of care in a negligence rule is necessarily vague, the court should set it below the
level of efficient precaution." Explain the economic argument in favor of this proposition.

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