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...

On a Macro level - learn to manage a multigenerational work force! Ensure open communication. Honestly adress concerns. Being open and transaprent will go a long way to flushing out issues and retaining your best people. Respect the different values held by different age groups. This simply...

Is a world-wide convergence of regulatory regimes desirable/necessary? 1. Yes, to achieve a level playing field. 2. Yes to reduce systemic risk, 3. I am indifferent...