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When Liability is Not Enough : Regulating Bonus Payments in Markets With Advice
Honda, Jun; Inderst, Roman; Ottaviani, Marco - 2022
recommendations that are artificially contingent on each other, resulting in an inefficient allocation. Third, if advisor liability is …
Persistent link: https://www.econbiz.de/10014082951
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Preponderance of evidence
Demougin, Dominique; Fluet, Claude - In: European economic review : EER 50 (2006) 4, pp. 963-976
Persistent link: https://www.econbiz.de/10003328122
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Preponderance of evidence
Demougin, Dominique; Fluet, Claude - 2002
This paper analyzes the incentive properties of the standard and burden of proof for a finding of negligence, when evidence is imperfect and rests with the parties. We show that the "preponderance of evidence" standard provides maximal incentives to exert care. This holds even though litigants...
Persistent link: https://www.econbiz.de/10001689146
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Unternehmensverkauf und asymmetrische Information
Ragotzky, Serge - 2003
Persistent link: https://www.econbiz.de/10001766645
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Venture capital and asymmetric information
D'Souza, Patrick - 2001 - Als Ms. gedr.
Persistent link: https://www.econbiz.de/10001575163
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Investment incentives under asymmetric information and incomplete contracts
Schmitz, Patrick W. - 1999 - Als Ms. gedr.
Persistent link: https://www.econbiz.de/10001421543
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Limited liability and bonus contracts
Kim, Son-ku - In: Journal of economics & management strategy : JEMS 6 (1997) 4, pp. 899-913
Persistent link: https://www.econbiz.de/10001230549
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Liability Protection, Director Compensation, and Incentives
Aguir, Iness - 2012
We examine the effect of liability protection on the compensation of directors and on takeover outcomes. Consistent … with the hypothesis that directors require additional compensation if they bear liability, we find that director … compensation is higher for firms that provide less liability protection. Examining takeovers, we find evidence that takeovers of …
Persistent link: https://www.econbiz.de/10013115954
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Preponderance of Evidence
Demougin, Dominique; Fluet, Claude - 2021
This paper analyzes the incentive properties of the standard and burden of proof for a finding of negligence, when evidence is imperfect and rests with the parties. We show that the "preponderance of evidence" standard provides maximal incentives to exert care. This holds even though litigants...
Persistent link: https://www.econbiz.de/10013320509
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Individual or enterprise liability? : the roles of sanctions and liability under contractible and non-contractible safety efforts
Grepperud, Sverre - In: Review of law and economics : publ. in cooperation with … 16 (2020) 3, pp. 1-28
Persistent link: https://www.econbiz.de/10012384948