Liability in Cases of Damage Resulting from GMO's: An Economic Perspective

ECONOMIC LOSS CAUSED BY GENETICALLY MODIFIED ORGANISMS LIABILITY AND REDRESS FOR THE ADVENTITIOUS PRESENCE OF GMOS IN NON-GM CROPS, Tort and Insurance Law Series, Bernhard A. Koch, ed., Vol. 24, Springer, 2008

Rotterdam Institute of Law and Economics (RILE), Working Paper No. 2008/09

51 Pages Posted: 8 Apr 2008

See all articles by Michael G. Faure

Michael G. Faure

University of Maastricht - Faculty of Law, Metro; Erasmus University Rotterdam (EUR) - Erasmus School of Law

Andri Wibisana

University of Indonesia (UI) - Faculty of Law

Date Written: 2008

Abstract

This paper discusses the liability of damage resulting from the use of genetically modified organisms from an economic perspective. A distinction is made between the prevention and compensation goals of liability rules. The paper distinguishes the situation where victim and tort feasor stand in a contractual relationship and the case where this is not the case. Specific attention is paid to potential liability resulting from mixture of GM crops with non-GM crops. Specific attention is also paid to causation issues and to available remedies in case liability is established.

Keywords: liability, compensation, contract, Coase theorem, genetically modified organisms

JEL Classification: K12, K13, K32

Suggested Citation

Faure, Michael G. and Wibisana, Andri, Liability in Cases of Damage Resulting from GMO's: An Economic Perspective (2008). ECONOMIC LOSS CAUSED BY GENETICALLY MODIFIED ORGANISMS LIABILITY AND REDRESS FOR THE ADVENTITIOUS PRESENCE OF GMOS IN NON-GM CROPS, Tort and Insurance Law Series, Bernhard A. Koch, ed., Vol. 24, Springer, 2008; Rotterdam Institute of Law and Economics (RILE), Working Paper No. 2008/09. Available at SSRN: https://ssrn.com/abstract=1116188

Michael G. Faure (Contact Author)

University of Maastricht - Faculty of Law, Metro ( email )

PO Box 616
Maastricht, 6200 MD
Netherlands
+31 - 43 - 388 30 60 (Phone)
+31 - 43 - 325 90 91 (Fax)

HOME PAGE: http://www.michaelfaure.be

Erasmus University Rotterdam (EUR) - Erasmus School of Law ( email )

3000 DR Rotterdam
Netherlands

Andri Wibisana

University of Indonesia (UI) - Faculty of Law ( email )

Fakultas Hukum UI, Kampus UI Depok
Depok, West Java 16424
Indonesia

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