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Stigmatization, liability and public enforcement of law
Buchen, Clemens; Deffains, Bruno; Palermo, Alberto - 2018
In the theory of public enforcement of law the choice of the liability rules is between strict liability and fault …
Persistent link: https://www.econbiz.de/10011924592
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Costly sanctions and the treatment of frequent violators in regulatory settings
Shimshack, Jay P.; Ward, Michael B. - 2022
Persistent link: https://www.econbiz.de/10013555755
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Overdeterrence of repeat offenders when penalties for first-time offenders are restricted
Müller, Daniel; Schmitz, Patrick W. - 2014
Persistent link: https://www.econbiz.de/10010461862
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The Regulation of Corporate Violations : Punishment, Compliance, and the Blurring of Responsibility
Gray, Garry - 2010
In this article, I term the dichotomy that exists over how to regulate corporate violations the 'punishment model … corporate offending has evolved with the shift to 'regulation through individual responsibility'. This regulatory shift has … enforcing regulation as well as a target of regulation. In essence, workers are being transformed from a victim to a health and …
Persistent link: https://www.econbiz.de/10012716930
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The Regulation of Corporate Violations : Punishment, Compliance, and the Blurring of Responsibility
Gray, Garry - 2013
In this article, I term the dichotomy that exists over how to regulate corporate violations the ‘punishment model … corporate offending has evolved with the shift to ‘regulation through individual responsibility'. This regulatory shift has … enforcing regulation as well as a target of regulation. In essence, workers are being transformed from a victim to a health and …
Persistent link: https://www.econbiz.de/10013078243
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Optimal procurement of a credence good under limited liability
Bester, Helmut; Yaofu, Ouyang - 2017
This paper analyzes the optimal contract for a consumer to procure a credence good from an expert when (i) the expert might misrepresent his private information about the consumer’s need, (ii) the expert might not choose the requested service since his choice of treatment is non-observable,...
Persistent link: https://www.econbiz.de/10011781931
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On the optimal use of correlated information in contractual design under limited liability
Danau, Daniel; Vinella, Annalisa - 2018
Riordan and Sappington (JET, 1988) show that in an agency relationship in which the agent's type is correlated with a public ex post signal, the principal may attain first best (full surplus extraction and efficient output levels) if the agent is faced with a lottery such that each type is...
Persistent link: https://www.econbiz.de/10011822030
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On the optimal use of correlated information in contractual design under limited liability
Danau, Daniel; Vinella, Annalisa - 2016
Persistent link: https://www.econbiz.de/10011712933
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Risk taking, limited liability and the competition of bank regulators
Sinn, Hans-Werner - 2001
brought in the government in the first place (Selection Principle). As national solvency regulation creates a positive … international policy externality on foreign lenders of domestic banks, there will be an undersupply of such regulation. This may …
Persistent link: https://www.econbiz.de/10011400902
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Risk taking, limited liability and the competition of bank regulators
Sinn, Hans-Werner - 2001
brought in the government in the first place (Selection Principle). As national solvency regulation creates a positive … international policy externality on foreign lenders of domestic banks, there will be an undersupply of such regulation. This may …
Persistent link: https://www.econbiz.de/10001626513