, governments and courts we show, through numerical simulations, the distortions in liability sharing between firms and financiers … firm innocent of inappropriate care) errors. This role is considered in a context where liability sharing is already …

, governments and courts we show, through numerical simulations, the distortions in liability sharing between firms and financiers … firm innocent of inappropriate care) errors. This role is considered in a context where liability sharing is already …

, governments and courts we show, through numerical simulations, the distortions in liability sharing between firms and financiers … firm innocent of inappropriate care) errors. This role is considered in a context where liability sharing is already …

, governments and courts we show, through numerical simulations, the distortions in liability sharing between firms and financiers … a guilty firm not guilty of inappropriate care) errors. This role is considered in a context where liability sharing is …

, governments and courts we show, through numerical simulations, the distortions in liability sharing between firms and financiers … firm innocent of inappropriate care) errors. This role is considered in a context where liability sharing is already …

distortions in environmental liability sharing between firms and insurance companies that the imperfect implementation of …. We characterize cases where the efficient liability sharing factor is above or below its full information perfect … implementation level. We derive comparative statics results indicating how sensitive the liability sharing factor is to changes in …

We characterize the distortions in environmental liability sharing between firms and banks that the imperfect … the safety care level exerted by the firms. We characterize cases where the liability sharing factor is above or below its … liability sharing factor to changes in some parameters relevant for characterizing the optimal policy toward environmental …