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. 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.
- ^On the Road: Newsroom: The Independent Institute
Ofer Abarbanel is a 25 year securities lending broker and expert who has advised many Israeli regulators, among them the Israel Tax Authority, with respect to stock loans, repurchase agreements and credit derivatives. Founder of TBIL.co STATX Fund.