Showing 1 - 10 of 149
can be used to self-insure, substituting for both formal and informal insurance. We investigate this question using a … respondent has a formal funeral cover increases with income and banking status. However, it is lower for individuals receiving … remittances, which supports the idea that remittances act as (self-) insurance. We also show that purchasing formal funeral cover …
Persistent link: https://www.econbiz.de/10003983213
study how the timing of settlement is shaped by the stages and features of the litigation process. Using competing risk …
Persistent link: https://www.econbiz.de/10011343069
A simple auction-theoretic framework is used to examine symmetric litigation environments where the legal ownership of …
Persistent link: https://www.econbiz.de/10009781653
We examine settings - such as litigation, labor relations, or arming and war - in which players first make non …
Persistent link: https://www.econbiz.de/10012156576
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 participants. The relative increase in litigation expenditures due to spite is …
Persistent link: https://www.econbiz.de/10013555697
During the last decade unicameral proposals have been put forward in fourteen US states. In this paper we propose a theoretical framework casting some lights on the drawbacks of bicameral state legislatures and on the effects of the proposed constitutional reforms. In a setting where lawmakers...
Persistent link: https://www.econbiz.de/10003850512
Persistent link: https://www.econbiz.de/10003497719
framework that corresponds with general dismissal legislation, but is sufficiently flexible to accommodate country …-specific legislation. Detailed information from a sample of 2,191 disputes that occurred in the Netherlands between 2006 and 2009 is used …
Persistent link: https://www.econbiz.de/10011288790
The implementation of European Union directives into national law is at the discretion of member states. We analyze incentives for member states to deviate from these directives when the European Commission may sue a defecting member state and rulings at the European Court of Justice (ECJ) are...
Persistent link: https://www.econbiz.de/10009722016
An important strand of research in macro-finance investigates which factors impede enterprise investment, and quantifies their aggregate cost. In this paper, we make two contributions to this literature. The first contribution is methodological: we introduce a novel framework to calibrate...
Persistent link: https://www.econbiz.de/10014284676