Hiriart, Yolande; Martimort, David; Pouyet, Jérôme - In: Revue d'économie politique 118 (2008) 6, pp. 941-967
A firm engaged in activities which are environmentally risky has private informationboth on her choice of safety care and on the level of her assets. Public authorities havea stake in implementing a high level of prevention effort and in unveiling the true levelof assets for liability payments....