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Liability of Experts and the Boundary between Tort and Contract
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Hans Bernd-Schäfer
Published/Copyright:
October 11, 2002
This paper offers an economic analysis of one aspect of the possible liability for incorrect information traded on information markets: expert liability for incorrect asset valuation. The article does not address the questions of whether and under what circumstances an expert should bear contractual liability for an incorrect valuation. Rather, it assumes such contractual liability towards the person who has solicited the opinion and focuses instead on analyzing the circumstances under which the expert’s liability should be extended to third parties as well.
Published Online: 2002-10-11
©2011 Walter de Gruyter GmbH & Co. KG, Berlin/Boston
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- Dimensions of Negligence in Criminal and Tort Law
- Negligence in the Air
- An Economic Rationale for the Legal Treatment of Omissions in Tort Law: The Principle of Salience
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- A Reexamination of 'Glanzer v. Shepard': Surveyors on the Tort-Contract Boundary
- Non-Consensual Liability of a Contractual Party: Contract, Negligence, Both, or In-Between?
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Articles in the same Issue
- Article
- The Fault of Not Knowing
- Dimensions of Negligence in Criminal and Tort Law
- Negligence in the Air
- An Economic Rationale for the Legal Treatment of Omissions in Tort Law: The Principle of Salience
- Liability of Experts and the Boundary between Tort and Contract
- A Reexamination of 'Glanzer v. Shepard': Surveyors on the Tort-Contract Boundary
- Non-Consensual Liability of a Contractual Party: Contract, Negligence, Both, or In-Between?
- Contract, Culture, Compulsion, or: What Is So Problematic in the Application of Objective Standards in Contract Law?
