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Moving Towards a More Dynamic Business Sector in Spain
Pandiella, Alberto González - Economics Department, Organisation de Coopération et … - 2014
Policy efforts to revitalise entrepreneurship and investment in Spain are key to generating growth and new jobs. The … be relieved. This would be facilitated by more efficient insolvency procedures and further development of non …
Persistent link: https://www.econbiz.de/10011276814
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When Will Judgment Proof Injurers Take Too Much Precaution?
Mattiacci, Giuseppe Dari; Geest, Gerrit De - Berkeley Electronic Press
Judgment proof injurers can be expected to take less than optimal precaution, as they bear only a part of the accident loss. However, it has been showed that under certain conditions the judgment proof problem can lead to overprecaution. We argue that overprecaution can never occur in magnitude...
Persistent link: https://www.econbiz.de/10005086892
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Judgement Proofness under Four Different Precaution Technologies
Mattiaci, Guiseppe Dari; Geest, G.G.A. de - School of Economics, Universiteit Utrecht - 2003
This study shows that the effects of judgment proofness on precaution depend on whether the injurer can reduce the probability of the accident, the magnitude of the harm, or both. Different legal solutions to the problem are examined: punitive damages, average compensation, undercompensation,...
Persistent link: https://www.econbiz.de/10005040857
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Limiting Limited Liability
Dari-Mattiacci, Guiseppe - Tinbergen Institute - 2006
Limited liability may result in inefficient accident prevention, because a relevant portion of the expected harm is … externalized on victims. This paper shows that under some restrictive conditions further limiting liability by means of a liability …
Persistent link: https://www.econbiz.de/10005137374
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Limiting Limited Liability
Dari-Mattiacci, Guiseppe - Tinbergen Instituut - 2006
Limited liability may result in inefficient accident prevention, because a relevant portion of the expected harm is … externalized on victims. This paper shows that under some restrictive conditions further limiting liability by means of a liability …
Persistent link: https://www.econbiz.de/10011256895
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Probleme des Insolvenzplanverfahrens
Henselmann, Klaus; Gutbier, Manuel - Wirtschafts- und Sozialwissenschaftliche Fakultät, … - 2010
The paper analyses options in case of insolvency. Although insolvency plans empirically are very successful, they are …
Persistent link: https://www.econbiz.de/10008479035
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Corrupt intermediaries in international business transactions: between make, buy and reform
Lambsdorff, Johann Graf - In: European Journal of Law and Economics 35 (2013) 3, pp. 349-366
Attempts to deter corruption have little recognized the operation of intermediaries. This study takes a New Institutional Economic-perspective, supported by a variety of case studies, to identify firms’ choices of when to engage corrupt intermediaries (buy) and how to approach reform. It...
Persistent link: https://www.econbiz.de/10010987714
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Environmental Liability and Regulation: An Empirical Study of the French Institutional Division of Labour
Bentata, Pierre Nicolas Jean; Barkat, Karim - Centre d'Études et de Recherche en Gestion (CERGAM), … - 2012
Reasons for the joint use of ex ante regulation and ex post liability to cope with environmental accidents have been a … general trend toward a clear division of labour between regulation and liability: when both are jointly used, liability …. An unexpected effect of liability is observed: judges are more severe with the most regulated firms and public agents …
Persistent link: https://www.econbiz.de/10010857519
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Environmental Regulation and Civil Liability Under Causal Uncertainty: An Empirical Study of the French Legal System
Bentata, Pierre Nicolas Jean; Barkat, Karim - Centre d'Études et de Recherche en Gestion (CERGAM), … - 2012
scheme, or, alternatively, to go for a mix of regulation and civil liability. Such a mix of regulation and civil liability … – Cour de Cassation. We found evidence that the regulation/liability mix increases efficiency, the regulation providing a new …The key question in this paper is to determine whether regulation and regulators information can help solving causal …
Persistent link: https://www.econbiz.de/10010857524
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How do GM / non GM coexistence regulations affect markets and welfare?
Desquilbet, Marion; Poret, Sylvaine - European Association of Agricultural Economists - EAAE - 2011
. Assuming endogenous crop choices and prices, we study the effects of ex ante regulation and ex post liability of GMO producers …
Persistent link: https://www.econbiz.de/10009326221