Question 139 privatization of prisons p 509

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Question 13.9 (Privatization of Prisons) p. 509Competition among sellers improves the quality of goods for consumers. Could this mechanismwork for the private supply of prisons?
living standards can be applied and enforced properly, this will likely not happen. Hence, publicprisons owned by the state can be more regulated than private ones.Question 6:19 (When Courts Make Mistakes) p. 220“In general, the injurer’s precaution responds to court errors in setting the legal standard under anegligence rule.” Is this statement true for all forms of the negligence rule, or only for the simplenegligence rule?
Question 6:20 (When Courts Make Mistakes - Compensation) p. 222“Excessive damages increase expected liability under a negligence rule, which results in excessprecaution.” Explain the mistake in this proposition.
Question 6:21 (When Courts Make Mistakes - Liability) p. 222“If the legal standard of care in a negligence rule is necessarily vague, the court should set itbelow the level of efficient precaution.” Explain the economic argument in favor of thisproposition.

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