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efficiency through taxes or liability. It is interesting that the economist of Chicago, who has elaborated on the renowned … compensation of the victim. To Pigou’s way of thinking, this is a strict liability rule. Coase states that the damage is caused by …
Persistent link: https://www.econbiz.de/10011260441
The aim of this paper is to investigate whether the She oil company, through investment and crude oil exploration, benefits socio-economic growth in Nigeria in general and in the Niger Delta of Nigeria in particular. In 1998, the United Nations Special Rapporteur's report on Nigeria accused...
Persistent link: https://www.econbiz.de/10008835337
The efficiency of two different means of controlling hazardous economic activities, namely ex post liability for harm …
Persistent link: https://www.econbiz.de/10005787128
On October 1, 2003, Judge Colleen Koller-Kotellay issued a ruling finding there was insufficient evidence to decisively conclude that the name “Redskins” was disparaging to “American Indians” (Harjo v. Pro-Football, Inc., 2003). This judgment overturned a 1999 United States Patent and...
Persistent link: https://www.econbiz.de/10008685548
The paper addresses the issue of the impact of asymmetric information on risk aversion of litigant parties in a model à la Bebchuk. First we study the case where the plaintif is the informed party, and characterize the equilibrium with and without a pretrial negociation round. Then, we focuse...
Persistent link: https://www.econbiz.de/10005789358
This paper elaborates on a basic model of mass tort litigation, highlighting the existence of positive informational externalities afforded by the discovery process (as a general technology of production of evidences) in order to study when a class action is formed, or when a sequence of...
Persistent link: https://www.econbiz.de/10008587826
This study contributes to the understanding of the causal relationship between gang culture, criminality and corruption in Nigeria universities where both criminality and corruption are very high complementary variables. Writers on gang culture in Nigeria universities have largely omitted the...
Persistent link: https://www.econbiz.de/10008835348
The author studies three aspects of human live valuation and its relation with cost benefit analysis and regulation. More precisely the author addresses the problem of valuation of a statistical human life and its relation with cost benefit analysis in mortality risk reduction. First, studies...
Persistent link: https://www.econbiz.de/10005623429
models, indeed, it is usually held that both with the negligence rule and with strict liability with contributory negligence … doctrine to achieve a first-best situation in the bilateral accident model is that of decoupling liability, in which both the …
Persistent link: https://www.econbiz.de/10011259828
In this paper, I examine the effectiveness of improvements in political and civil rights for attracting foreign direct investment flows (FDI) into democracies. I contend that advances in the quality of democracy – specifically those concerning civil rights – present positive but decreasing...
Persistent link: https://www.econbiz.de/10008552809