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The efficiency of two different means of controlling hazardous economic activities, namely ex post liability for harm … done and ex ante safety regulation, is re-examined. Some researchers have stressed that the complementary use of these two …
Persistent link: https://www.econbiz.de/10014133386
The efficiency of two different means of controlling hazardous economic activities, namely ex post liability for harm … done and ex ante safety regulation, is re-examined. Some researchers have stressed that the complementary use of these two …
Persistent link: https://www.econbiz.de/10014136191
organic crops in Europe combines measures of ex-ante regulation and ex-post liability rules. Against this background we ask … the following two questions: How does ex-ante regulation and ex-post liability under irreversibility and uncertainty … design of ex-ante regulation and ex-post liability increases the value of waiting and results in less immediate adoption of …
Persistent link: https://www.econbiz.de/10014053958
liability for negligence would improve the rigor and reliability of these audits. The article concludes with a more general … analysis of how the private law norms of duty and reasonable care imposed by civil liability can improve private governance …
Persistent link: https://www.econbiz.de/10014112526
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
Persistent link: https://www.econbiz.de/10013431568
, dass die Regulierung der Analysten in beiden Rechtssystemen gelungen ist, aber weiterhin Verbesserungen erforderlich sind …
Persistent link: https://www.econbiz.de/10013517417
Liability and safety regulation are examined as means of controlling risks in a theoretical model of the occurrence of … accidents. According to the model, regulation does not result in appropriate reduction of risk -- due to the regulator's lack of … knowledge about risk -- nor does liability result in that outcome -- because the incentives it creates are diluted by the chance …
Persistent link: https://www.econbiz.de/10013230216
Liability in tort and the regulation of safety are considered as means of controlling accident risks using the … instrumentalist, economic method of analysis.Four general determinants of the relative social desirability of liability and regulation … observed to be made between liability and regulation are, when broadly viewed, socially rational: Notably, activities that …
Persistent link: https://www.econbiz.de/10013230393
is discussed as well as its relationship to regulation. Attention is also paid to the necessity to combine liability and … regulation and to the environmental liability directive. Conditions for the insurability of environmental harm are discussed and … compensation funds. Also, arguments in favour of harmonization of environmental liability are critically discussed …
Persistent link: https://www.econbiz.de/10014188836