Review of: Effiziente Verhaltenssteuerung und Kooperation im Zivilrecht. Ed. by Claus Ott, Hans-Bernd Schäfer. 1997. Mohr Siebeck: Tübingen

Im April lehnte das Europäische Parlament den Vorschlag der EU-Kommission ab, vorübergehend CO2-Emissionszertifikate vom Markt zu nehmen, um so den Preisverfall für Emissionsrechte zu stoppen und Anreize für die Industrie, in klimafreundliche Technologien zu investieren, zu setzen. Steht die...

We analyse the incentives for polluting firms to diffuse and adopt advanced abatement technology in a framework in which governments negotiate an international environmental agreement. These incentives crucially depend on whether the underlying environmental policy instrument is an emission tax...

This paper compares the performance of a due care standard which is tailored to individual precaution costs to that of the reasonable person standard. This is done in a framework in which injurers can reduce their precaution costs via investment in progressing care technology. We show that the...