Titlebook: Effects of Insurance on Maritime Liability Law; A Legal and Economic Muhammad Masum Billah Book 2014 Springer International Publishing Swit

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Chi-Square Test and Its Application,s continue to exist today when commercial insurance is available? What should be the goal of liability law when both liability claimants and liable parties are usually insured against their respective losses and liabilities? Does the presence of liability insurance reduce the deterrent effect of lia

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hould be and to a great extent, is deterrence. On the other hand in the vessel-source oil pollution liability setting, pollution victims are not usually insured. Therefore oil pollution liability law has to cat978-3-319-34899-5978-3-319-03488-1

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Introduction,hey engage themselves in. Ship owners are no exception in this regard. In fact, ship owners’ liability insurance is one of the most extensive liability insurance in the world. There is hardly any aspect of maritime liability which is not covered by the corresponding liability insurance. Yet, there i

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Maritime Cargo Liability Law in Light of Insurance Realities,of liability under an economic analysis. Compensation would be important when liability claimants are not insured. This is because compensation only transfers the burden of loss from one party to another, while deterrence reduces possible losses by inducing a liable party to take care.

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Role of Insurance in Providing Adequate Compensation for Oil Pollution Damage and in Reducing Oil Pred. This may not be the case with the oil pollution liability law because the victims of oil pollution are not always insured against the damage from such pollution. As a result, the oil pollution liability regime needs to cater for both goals of liability law: . and .. However, the intended goal o

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Incentive Effect of Liability Rules in the Presence of Liability Insurance,what should be the ideal liability laws in the presence of widespread modern insurance. A frequently asked question in the discussion of liability law and liability insurance is how to maintain incentives towards care in the mind of potentially liable parties after they purchase liability insurance.

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