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We compare the performance of liability rules for managing environmental disasters when third parties are harmed and cannot always be compensated. A firm can invest in safety to reduce the likelihood of accidents. The firm's investment is unobservable to authorities. Externality and asymmetric...
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We compare the performance of liability rules for managing environmental disasters when third parties are harmed and cannot always be compensated. A firm can invest in safety to reduce the likelihood of accidents. The firm's investment is unobservable to authorities. Externality and asymmetric...
Persistent link: https://www.econbiz.de/10009515729
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Durch die tagespolitische Diskussion um einen "Umbau des Sozialstaates" werden grundlegende Fragen der Sozialpolitiklehre vernachlässigt. Der Autor versucht daher in der vorliegenden Arbeit eine Brücke zwischen praktischen Gestaltungsproblemen und der Grundlagenforschung zu schlagen....
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