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MBA, PHD
Phoniex
Jul-2007 - Jun-2012
Corportae Manager
ChevronTexaco Corporation
Feb-2009 - Nov-2016
Microsoft Word - Problem Set 3 Econ 212 Fall 2016
pose that the sunken barge in United States v. Carroll Towing Company and it cargo are worth $100,000. Assume that the barge would break loose if the bargee is not present equals 0.001. If the bargee is present, then the probability of the barge's breaking loose is reduced by half, to 0.0005. Paying the bargee to stay on the barge will cost the barge owner $25. If the barge owner does not incur this $25 expense, is his behavior negligent under the Hand rule?
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