|
EconStor >
Institut für Weltwirtschaft (IfW), Kiel >
Kieler Arbeitspapiere, IfW >
Please use this identifier to cite or link to this item:
http://hdl.handle.net/10419/46930
|
| | |
Full metadata record
| DC Field | | Value | | Language |
| dc.contributor.author | | Bartsch, Elga | | en_US |
| dc.date.accessioned | | 2011-06-30T15:06:09Z | | - |
| dc.date.available | | 2011-06-30T15:06:09Z | | - |
| dc.date.issued | | 1996 | | en_US |
| dc.identifier.uri | | http://hdl.handle.net/10419/46930 | | - |
| dc.description.abstract | | In providing precautionary incentives and allocating environmental risk, liability for environmental damages faces two difficulties: randomness of damages incurred and nonobservability of precautionary measures. Hence, a major obstacle in enforcing legal claims is the difficulty of proving causation. In order to alleviate the proof of causation, the German Umwelthaftungsgesetz introduces a refutable causality presumption. When imperfect information is taken into account, this conditional reversal of the burden of proof cannot ensure optimal precaution. Using a principalagent model, optimality conditions for a modified strict liability rule is derived. A specific rule for the optimal allocation of environmental damages under probabilistic causation and asymmetric information is obtained using a linear model. | | en_US |
| dc.language.iso | | eng | | en_US |
| dc.publisher | | Kiel Institute for the World Economy (IfW) Kiel | | en_US |
| dc.relation.ispartofseries | | Kiel Working Papers 755 | | en_US |
| dc.subject.jel | | D80 | | en_US |
| dc.subject.jel | | K32 | | en_US |
| dc.subject.jel | | Q20 | | en_US |
| dc.subject.ddc | | 330 | | en_US |
| dc.subject.stw | | Umwelthaftung | | en_US |
| dc.subject.stw | | Allokation | | en_US |
| dc.subject.stw | | Anreizvertrag | | en_US |
| dc.subject.stw | | Asymmetrische Information | | en_US |
| dc.subject.stw | | Theorie | | en_US |
| dc.title | | Enforcement of environmental liability in the case of uncertain causality and asymmetric information | | en_US |
| dc.type | | Working Paper | | en_US |
| dc.identifier.ppn | | 257748601 | | en_US |
| dc.rights | | http://www.econstor.eu/dspace/Nutzungsbedingungen | | en_US |
| Appears in Collections: | | Publikationen von Forscherinnen und Forschern des IfW Kieler Arbeitspapiere, IfW
|
Items in EconStor are protected by copyright, with all rights reserved, unless otherwise indicated.
|