- Disneyland model
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The Disneyland model is a proposed system in which users of a service would bear no risk for damage or injuries they sustain that are caused by others, as full liability would be imposed upon the responsible party (and/or their insurers). It is in contrast to the ballpark model, under which people use a service at their own risk. The Disneyland model is frequently advocated as a method by which licensure of motorists and their vehicles could be privatized. Before a person would be granted a license plate, they would need to obtain liability insurance without any caps on coverage amount.[1] The name comes from the fact that at Disneyland, the company is liable for any accidents that befall a customer if they, for instance, ride a ride they were too short for.
References
Categories:- Economics and finance stubs
- Risk
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