The Winding Road to Industrial Safety—Evidence on the Effects of the Environmental Liability on Accident Prevention in Germany

Dual objective of environmental liability (EL): prevention and internalitazion; Prvention: Decreasing number of accidents; Internalization: Increasing number of successful suits/increasing take out of environmental liability insurance...

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Year of publication:	2010-05-01
Authors:	Schwarze, Reimund ; Hoffmeister, Onno
Institutions:	International Association for the Study of Insurance Economics
Subject:	Versicherungswirtschaft \| Internalisierung <Wirtschaft> \| Umwelthaftpflichtversicherung \| Environmental Liability Insurance

Introduction
Legal goals and practices of the Environmental Liability Law (ELL)
Practices of the Environmental Liability Insurance(ELI)
Directly observable empirical effects of the ELL
Equilibrium model of accident prevention
Econometric investigation of the post-reform adjustment process
Conclusions and open questions

Persistent link: https://www.econbiz.de/10005871239