Strict liabilities prevails at major accidents. According to the Polluter Pays Principle,l it is the liable party who pays for any damage. The accidents may be very large, however, compared to the assets of the liable plant owner. The liable party may, therefore, simply go bankrupt and leave the...

The Legal Limits to Insurable Risk, Transactional Insurance Products,Legal and Regulatory Issues in Europe, Open Discussion...

Several of the risks currently faced by corporations are shaped by legal rules. Liability rules, for instance, determine the cases in which firms will incur economic losses, either because thay are obliged to compensate for the harm suffered by others, or because they are inflicted monetary...

When tort and insurance (both private and social) co-exist, coordination mechanisms are very relevant. Imperfect liability rules provide the setting to properly analyze the incentives that the coordination mechanisms induce for risk coverage and for precaution...

Insurance has to assess and manage emerging risks. Undertsanding emerging risks includes understanding the social construction of risk: for example, the ermgence of a disease or illness as a social process, not only as an epidemiological phenomenon. The social construction of risk - as Tom Baker...

Die Informationstechnik kann in heutiger Zeit gemeinhin als Lebensnerv vieler Unternehmen bezeichnet werden. Allerdingsa birgt sie, wie jede andere Technologie auch, Risiken in sich. Ein Betrieb, der vom Internet und dessen Kommunikationsmöglichkeiten abgeschnitten wird, muss nicht selten...

Die vorliegende achte Ausgabe dieser Schriftenreihe widmet sich schwerpunktmäßig dem Thema Supply Chain Risk Management. Daneben werden in je einem Beitrag Marktrisikoprämien für die längerfristige Veranlagung in Aktien analysiert und ein Projekt der FH im Zusammenhang mit der...