Construct · 1 fields · 1 citations

cheapest cost avoider: a standalone construct

One name. One construct. A landmark on the map.

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Tort law

the party able to prevent an accident at the lowest cost, on whom liability should fall so that total accident costs are minimized.

In tort law, cheapest cost avoider refers to the party able to prevent an accident at the lowest cost, on whom liability should fall so that total accident costs are minimized. This meaning comes from Calabresi (1972) in The Yale Law Journal.[1]

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Nearby constructs

accident3 fields · 4 citationsjingle · one word, three constructs cost4 fields · 4 citationsjingle · one word, four constructs fall2 fields · 3 citationsjingle · one word, two constructs

References

Calabresi, G., & Hirschoff, J. T. (1972). Toward a Test for Strict Liability in Torts. The Yale Law Journal, 81(6), 1055. https://doi.org/10.2307/795220

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