Showing 1 - 10 of 765
minimized by the efficient contract supplied by the principal. -- Environment ; Strict Liability ; Ex-Ante Regulation ; Ex …-Post Liability ; Judgment-Proof ; Environment Law ; CERCLA ; Environmental Liability …This paper studies the delegation of activities that pose serious risks to health and the environment in an economy …
Persistent link: https://www.econbiz.de/10008735714
-takers concerning their potential legal liability for negligence. …
Persistent link: https://www.econbiz.de/10011451290
This paper analyzes the meaning of comparing the economic performance of strict liability and negligence rule in a … unilateral standard accident model under Knightian uncertainty. It focuses on the cost expectation of major harm on which the … injurers form beliefs. It shows first that, when the Court agrees with the regulator, whatever the liability regime, the first …
Persistent link: https://www.econbiz.de/10010189329
efficiency of two main civil liability regimes usually enforced to protect the environment: the strict liability regime and the … ; Strict Liability ; Ex-Ante Regulation ; Ex-Post Liability ; Judgment-Proof ; Environment Law ; CERCLA ; Environmental …This paper addresses the conditions for setting up strict civil liability schemes. For that it compares the social …
Persistent link: https://www.econbiz.de/10008903426
liability regimes in tort law: rule of negligence and strict liability. Starting from the standard Shavellian unilateral … accident scheme, I show that matching up liability regime on their capacity to provide the highest level of safety is … uncertainty. The second one takes into consideration the beliefs of agents and their aversion to ambiguity. The model applies …
Persistent link: https://www.econbiz.de/10009506385
China is appraised to have the world's largest exploitable reserves of shale gas, although several legal, regulatory, environmental and investment-related issues will likely restrain its scope. China's capacity to successfully face these hurdles and produce commercial shale gas will have a...
Persistent link: https://www.econbiz.de/10010203405
This paper examines capacity-constrained oligopoly pricing with sellers who seek myopic improvements. We employ the Myopic Stable Set solution concept and establish the existence of a unique pure-strategy price solution for any given level of capacity. This solution is shown to coincide with the...
Persistent link: https://www.econbiz.de/10012814516
Coordinating the timing and location of new production facilities is one of the challenges of liberalized power sectors. It is complicated by the presence of transmission bottlenecks, oligopolistic competition, and the unknown prospects of low-carbon technologies. The authors build a model...
Persistent link: https://www.econbiz.de/10011613836
We study the impact of research collaborations in coauthorship networks on research output and how optimal funding can maximize it. Through the links in the collaboration network, researchers create spillovers not only to their direct coauthors but also to researchers indirectly linked to them....
Persistent link: https://www.econbiz.de/10011914337
The Value of a Statistical Life is a key input into the calculation of the benefits of environmental policies that save lives. To date, the VSL used in environmental policy analyses has not been adjusted for age or the cause of death. Air pollution regulations, however, are linked to reductions...
Persistent link: https://www.econbiz.de/10008747732