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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 much care to exercise (at what speed to travel) to...
Persistent link: https://www.econbiz.de/10014023514
ecological dumping. It turned out that harmonised policies are rarely optimal under perfect information, but some rationale for … them is granted when asymmetric information between the Commission and national governments is considered. This paper … information, it makes harmonisation a much more attractive option. Under asymmetric information, it affects the governments …
Persistent link: https://www.econbiz.de/10014172904
Persistent link: https://www.econbiz.de/10011285629
ecological dumping. It turned out that harmonised policies are rarely optimal under perfect information, but some rationale for … them is granted when asymmetric information between the Commission and national governments is considered. This paper … information, it makes harmonisation a much more attractive option. Under asymmetric information, it affects the governments …
Persistent link: https://www.econbiz.de/10011608500
information between two national regulators. The model concentrates on informational frictions in an environment with otherwise … some regulatory information creates misreporting incentives. However, the major problem is not the reporting accuracy but …
Persistent link: https://www.econbiz.de/10010322228
Persistent link: https://www.econbiz.de/10013179386
Climate regulation of the electricity sector is one of the most important growing — and rapidly changing — areas of law and policy today. This is both because of the critical role that electricity plays in modern society, acting as economic lifeblood, and because of electricity's part in...
Persistent link: https://www.econbiz.de/10012955867
Pigou (1920) advocated for taxes, set equal to marginal damages, on goods produced and consumed that involve negative externalities. Samuelson (1954) laid out the conditions for optimal pure public goods provision, but noted that free-riding (the “demand revelation” problem) was likely to...
Persistent link: https://www.econbiz.de/10012962737
There aren't many ways for the average citizen to become involved in energy regulation. Citizens have little input into any utility docket process; moreover, because the process is so difficult for the average citizen to understand, there is little oversight provided by the public in regular,...
Persistent link: https://www.econbiz.de/10012968507