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https://hdl.handle.net/10419/46930
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DC Field | Value | Language |
---|---|---|
dc.contributor.author | Bartsch, Elga | en |
dc.date.accessioned | 2011-06-30T15:06:09Z | - |
dc.date.available | 2011-06-30T15:06:09Z | - |
dc.date.issued | 1996 | - |
dc.identifier.citation | |nInstitut für Weltwirtschaft (IfW) |lKiel |y1996 | en |
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 |
dc.language.iso | eng | en |
dc.publisher | |aKiel Institute of World Economics (IfW) |cKiel | en |
dc.relation.ispartofseries | |aKiel Working Paper |x755 | en |
dc.subject.jel | D80 | en |
dc.subject.jel | K32 | en |
dc.subject.jel | Q20 | en |
dc.subject.ddc | 330 | en |
dc.subject.stw | Umwelthaftung | en |
dc.subject.stw | Allokation | en |
dc.subject.stw | Anreizvertrag | en |
dc.subject.stw | Asymmetrische Information | en |
dc.subject.stw | Theorie | en |
dc.title | Enforcement of environmental liability in the case of uncertain causality and asymmetric information | - |
dc.type | Working Paper | en |
dc.rights | http://www.econstor.eu/dspace/Nutzungsbedingungen | en |
dc.identifier.repec | RePEc:zbw:ifwkwp:755 | en |
dc.identifier.printppn | 257748601 | en |
dc.date.issuedonline | 2011 | en |
dc.publisher.online | |aZBW - Deutsche Zentralbibliothek für Wirtschaftswissenschaften, Leibniz-Informationszentrum Wirtschaft |cKiel, Hamburg | en |
econstor.documentversion | Digitized Version | en |
econstor.citation.publisher | Institut für Weltwirtschaft (IfW) | en |
econstor.citation.publisherplace | Kiel | en |
econstor.citation.year | 1996 | en |
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