Document Type
Article
Publication Date
2004
Abstract
My article attempts to strike a balance and find a middle ground between the polar positions of those who favor strict liability (of whom Professor Partnoy is probably the most notable) and recent critics who believe it would produce market failure. Necessarily, those who take a middle position are exposed to fire from both sides. Although I admire Professor Partnoy's originality and incisive style, I do not believe that the market could easily survive his reforms and suspect that he has undervalued the hidden costs of strict liability. Deterrence is needed – but there can be too much of a good thing!
Disciplines
Business Organizations Law | Contracts | Law
Recommended Citation
John C. Coffee Jr.,
Partnoy's Complaint: A Response,
84
B. U. L. Rev.
377
(2004).
Available at:
https://scholarship.law.columbia.edu/faculty_scholarship/519