Is liability law a suitable instrument for controlling externalities? The optimistic view from the law and economics …

Is liability law a suitable instrument for controlling externalities? The optimistic view from the law and economics …

Vorteilhaftigkeit bezogen sich in der Regel auf Teilaspekte: entweder nur die Kosten- oder nur die Steuereffekte wurden untersucht … geben, wobei Kosten- und Steuereffekte gleichermaßen berücksichtigt werden. Dabei steht nicht die Frage im Vordergrund …

The past few years have seen a growing trend towards the focus on audit liability. In the UK, the Company Law Reform … Bill which became the Companies Act 2006, has removed the previously existing limits on auditor liability and compelled an … agreement between the company and the auditor. As well as the UK, audit liability caps also currently exist in Austria, Belgium …

simply implies a redistribution of wealth. Consequently, wrongful behavior that induces reallocation of costs and benefits … class actions can be more far-sighted than simply compensating the victims: the liability system has the particular feature …-ante regulation has not. This is coherent with the law and economics tradition that interprets tort law remedies as a solution for …

The past few years have seen a growing trend towards the focus on audit liability. In the UK, the Company Law Reform … Bill which became the Companies Act 2006, has removed the previously existing limits on auditor liability and compelled an … agreement between the company and the auditor. As well as the UK, audit liability caps also currently exist in Austria, Belgium …

.g. speed limits, vehicle standards, etc.), enforcement of regulation, liability rules, physical measures (e.g. roundabouts …Policy makers can improve traffic safety by the use of different instruments. These instruments include regulation (e … liability and a kilometre tax. We set up a theoretical model of traffic accidents to analyse the choice of the speed level and …

This is a survey of legal liability for accidents. Three general aspects of accident liability are addressed. The first … is the effect of liability on incentives, both whether to engage in activities (for instance, whether to drive) and how …-bearing and insurance, for the liability system acts as an implicit insurer for accident victims and it imposes risk on potential …

unveiling the true levelof assets for liability payments. We characterize the optimal second-best public policytowards risk …

discusses whether changes in regulation, administration, and liability standards have improved the effectiveness and the … BSE in Germany in 2000. Due to the establishment of a large-scale private sector quality assurance scheme, regulation … allocative efficiency of German food safety regulation. …