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Preponderance of evidence
Demougin, Dominique; Fluet, Claude - 2002
This paper analyzes the incentive properties of the standard and burden of proof for a finding of negligence, when evidence is imperfect and rests with the parties. We show that the preponderance of evidence' standard provides maximal incentives to exert care. This holds even though litigants...
Persistent link: https://www.econbiz.de/10011409967
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Rules of proof, courts, and incentives
Demougin, Dominique (contributor); Fluet, Claude (contributor) - 2007
Persistent link: https://www.econbiz.de/10003498654
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Environmental tax reform in a federation with rent-induced migration
Garon, Jean-Denis; Séguin, Charles - 2015
We study the welfare effects of a revenue-neutral green tax reform in a federation. The reform consists of increasing a tax on a polluting input and reducing that on labor income. Households are fully mobile within the federation. Regions are unequally endowed with a nonrenewable natural...
Persistent link: https://www.econbiz.de/10010496890
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Optimal liability when consumers mispredict product usage
Baniak, Andrzej; Grajzl, Peter - 2016
We contrast alternative liability rules for social control of product risks when heterogeneous consumers considering …' mispredictions vary with the prevailing liability regime. We first characterize the consumers' purchasing decision and the … equilibrium levels of safety and activity from the product's usage under no liability, strict liability, and negligence rule. We …
Persistent link: https://www.econbiz.de/10011475973
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Vertical fiscal externalities and the environment
Böhringer, Christoph; Rivers, Nicholas; Yonezawa, Hidemichi - 2014
We show that imposition of a state-level environmental tax in a federation crowds out preexisting federal taxes. We explain how this vertical fiscal externality can lead unilateral state-level environmental policy to generate a welfare gain in the implementing state, at the expense of other...
Persistent link: https://www.econbiz.de/10010434060
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The rotten kid theorem and almost transferable utility
Gugl, Elisabeth; Leroux, Justin - 2015
We assume like Bergstrom (1989) and Dijkstra (2007) that each child's utility is treated as a normal good in the altruistic head's utility function, and show that if utility functions lead to Almost Transferable Utility children can manipulate the tradeoff between their own utility and the...
Persistent link: https://www.econbiz.de/10011404417
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Partial fiscal decentralization and public-sector heterogeneity : theory and evidence from Norway
Borge, Lars-Erik; Brueckner, Jan K.; Rattsø, Jørn - 2012 - revised August 2012
This paper provides an empirical test of a principal tenet of fiscal federalism: that spending discretion, when granted to localities, leads to public-sector heterogeneity, with public-good levels adjusting to suit local demands. The test is based on a simple model of partial fiscal...
Persistent link: https://www.econbiz.de/10009630647
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Why cities should not be subsidized
Fenge, Robert; Meier, Volker - 2001
The paper deals with the question of whether fiscal transfers re-ceived by cities can be justified by a higher cost of producing publicly provided goods. In the model, increasing the population density implies both a higher output per capita due to agglomeration economies and a higher cost of...
Persistent link: https://www.econbiz.de/10011399698
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Accident law : an excessive standard may be efficient
Goerke, Laszlo - 2001
In a world with risk-neutral agents, liability rules will only induce efficient behaviour if these rules impose the …
Persistent link: https://www.econbiz.de/10011408443
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Spite in litigation
Mill, Wladislaw; Stäbler, Jonathan - 2023
This paper studies how litigation and settlement behavior is affected by agents motivated by spiteful preferences under the American and the English fee-shifting rule. We conduct an experiment and find that litigation expenditures and settlement requests are higher for more spiteful...
Persistent link: https://www.econbiz.de/10013555697