This paper studies an integrated government choice of enforcement, liability design, and
regulatory policy in a model of unilateral accidents, the risk of which can be reduced when …

We characterize the optimal regulation of a firm that undertakes an environmentally risky
activity. This firm (the agent) is protected by limited liability and bound by contract to a …

When a firm undertakes risky activities, the conflict between social and private incentives to
implement safety care requires public intervention which can take the form of both monetary …

This chapter of the Encyclopedia on tort law and economics will deal with the hot issue of
environmental liability. Economic analysis of law has long been applied to environmental …

Using a formal political economy model with asymmetric information, we illustrate the
conditions under which an environmental protection system based on extending liability to …

Using a structural model of the interactions between governments, firms and insurance
companies, we characterize the distortions in environmental liability sharing between firms …

We address in this paper the problem of comparing and choosing among different policy
instruments to implement the incentive objective of an efficient deterrence of environmental …

Abstract In the December 2020, the European Commission has presented its proposal for a
Digital Market Act (DMA) aiming at promoting competition and preventing unfair practices on …

We focus in this paper on the effects of court errors on the optimal sharing of liability
between firms and financiers, as an environmental policy instrument. Using a structural …

The key question in this article is to determine whether regulation and regulator information
can help to solve causal uncertainty problems in liability. A widely held view among Law and …