Successor Liability and Asymmetric Information

The doctrine of successor liability transfers tort liabilityarising from the seller's past conduct from the seller to thebuyer. If the buyer has as much information about the liabilityas the seller, all beneficial acquisitions take place and theseller takes the efficient level of precaution. However, ifthe seller has more information about the liability than thebuyer, not all beneficial acquisitions are consummated and theseller takes a suboptimal level of precaution. I argue that,in the presence of information asymmetry, the courts shouldincrease the damages against the (potential) seller to providebetter incentives to take precaution while decreasing the damagesagainst the buyer to encourage more beneficial asset sales.     

Operationalising participatory research and gender analysis: new research and assessment approaches

Participatory research approaches are increasingly popular with scientists working for poverty alleviation, sustainable rural development, and social change. This introduction offers an overview of the special issue of Development in Practice on the theme of ‘operationalising participatory research and gender analysis’. The purpose of this special issue is to add value to the discussion of methodological, practical, philosophical, political, and institutional issues involved in using gender-sensitive participatory methods. Drawing on 16 articles, we place some of the main issues, empirical experiences, and debates in participatory research and participatory technology development in the context of implementation, evaluation, and institutionalisation of participatory research and evaluation approaches.