Injurers versus Victims: (A)Symmetric Reactions to Symmetric Risks
B.E. Journal of Theoretical Economics
Tort models assume symmetry in the behavior of injurers and victims when faced by a threat of liability and a risk of harm without compensation, respectively. This assumption has never been empirically validated. Using a novel experimental design, we study the behavior of injurers and victims when facing symmetric accident risks. Experimental results provide qualified support for the symmetric behavior hypothesis.
Francesco Parisi and Alice Guerra, Injurers versus Victims: (A)Symmetric Reactions to Symmetric Risks, 21 (2021), available at https://scholarship.law.umn.edu/faculty_articles/726.