1. Murray, Rt Hon. Lord, (Charles David Murray) (20 Oct. 1866–9 June 1936)
2. FRANK HAMMOND PTY. LTD. v. HUDDART PARKER LTD.
3. A major argument for liability rules is that if courts get damages right on average, then actors have the correct internalizing incentives in expectation. (See Kaplow & Shavell 1996). The court employs its best, unbiased estimate of situations taken from a fixed distribution;A very similar issue arises in the choice between property rules and liability rules,1996