FIGURE 6
FROM:
An Economic Analysis of Libel Law
Manoj Dalvi and James F Refalo
BACK TO ARTICLEFigure 6.

Comparison of liability standards. The investigation region for strict liability (the dashed line) is a subset of the region under negligence where stories are investigated and published if true. Under negligence, p
n-lb
and p
n
are an upper bound to the region where stories are investigated and published if true, and p
n' is the corresponding lower bound. The upper and lower boundaries under the strict liability standard are p
s" and p
s', respectively. C' and C
s" are always strictly less than C
n", but C
s" may be greater, or less than, C'.
