We focus in this paper on the effects of court errors on the optimal sharing of liability between firms and financiers, as an environmental policy instrument. Using a structural model of the interactions between firms, financial institutions, governments and courts we show, through numerical...

We compare decisions by female and male judges in child support trials where a judge decides on the father's income allocation to children. We investigate two types of cases: 1) when fathers have a formal job, their income is known to judges, and awards are set as a fraction of it, and 2) when...