Citation

Fraser CD. Int. Rev. Law Econ. 1984; 4(1): 83-88.

Copyright

(Copyright © 1984, Elsevier Publishing)

DOI

10.1016/0144-8188(84)90020-6

PMID

unavailable

Abstract

This note demonstrates that David Friedman's recent assertion that, because full ex post compensation means that the potential injuror is overcompensating, 'it follows that he will be overdeterred from imposing risk …' cannot be supported, a priori, except in special cases. It is argued that this finding actually strengthens the case for compensation which is 'fair' as defined by Friedman.