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CMR Convention in a law and economics perspective
Stockholm University, Faculty of Law, Department of Law.
Number of Authors: 1
2016 (English)In: Uniform Law Review = Revue de Droit Uniforme, ISSN 1124-3694, Vol. 21, no 4, 434-440 p.Article in journal (Refereed) Published
Abstract [en]

In a law and economics perspective the liability regime in the CMR Convention can be viewed as an economic balance between the carrier and the cargo owner and who should bear the risk for the goods being lost, damaged, or delayed during the transport. As a consequence of this, the law and economics principles can be given a normative function, at least in situations where there is no leading case law from a the Supreme Court regarding a certain provision in the CMR Convention. By doing so, economic efficiency may be promoted in the way that the liability regime will give incentives to the parties involved to minimize the cost for loss of, and damage to, the goods.

Place, publisher, year, edition, pages
2016. Vol. 21, no 4, 434-440 p.
National Category
Law
Identifiers
URN: urn:nbn:se:su:diva-142421DOI: 10.1093/ulr/unw036ISI: 000398310100004OAI: oai:DiVA.org:su-142421DiVA: diva2:1092599
Available from: 2017-05-03 Created: 2017-05-03 Last updated: 2017-05-03Bibliographically approved

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