Do excessive legal standards discourage desirable activity
By: Steven Shavell.
Contributors: John M. Olin Center for Law, Economics, and Business.
Series: Discussion paper -- no. 540; Discussion paper (John M. Olin Center for Law, Economics, and Business : Online) -- no. 540.
Publisher: Harvard Law School
Published: 2006
Place of publication: Cambridge, MA
Language: eng
Format: Electronic resource
Description: "Overly strict legal standards are commonly thought to discourage parties from engaging in socially desirable activities.  It is explained here, however, that excessive legal standards cannot lead to undesirable curtailment of activities when legal standards are enforced by liability for negligence, essentially because parties can choose to be negligent rather than comply.  But excessive legal standards can lead to undesirable reduction of activities when adherence to the standards is required by the regulatory system"--John M. Olin Center for Law, Economics, and Business web site.
Notes: Title from PDF file as viewed on 3/19/2007.

Includes bibliographical references.

Also available in print.

System requirements: Adobe Acrobat Reader.

Mode of access: World Wide Web.