In their recently published paper, ‘ What Shall we do with the Drunken Sailor? Product Safety in the Aftermath of 3D Printing ,’ Klaus Heine and Shu Li discuss how a disruptive technology like 3D printing can also upset other more peripheral areas such as legal issues and product liability.

Safety mechanisms must be in place to protect the public, and the authors question why there is not more concern over potentially ‘harmful 3D printed products,’ with an analysis of why ‘incumbent product liability law does not incentivize optimal deterrence.’ Focusing on the many novel 3D printing startups and business models associated with 3D printing as the ‘trigger,’ the authors point out how little informational content regarding ‘specific producers’ is provided. Marginal cost step function under perfect competition Under perfect competition as well as in case of natural monopoly a linear value chain is established. Bulk orders received from […]

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