For example, we could create a liabilityrule that required the Reading Railroad to pay for the damage to his crops.
例如,我们可以设立一条责任分配的规则,要求Reading铁路公司赔偿作物的损失。
2
Without a liabilityrule, the railroad wouldn't have any incentive to prevent the damage if there was a cost-effective means of doing so.
如果没有这种规则,那么即使铁路公司可以有效率地防止作物损失,它也就不会有防止损害的激励。
3
According to the traditional theory in law and economics, there are two alternative mechanisms to protect personal entitlements, ie. either by property rule or by liabilityrule.