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Persistent link: https://www.econbiz.de/10003139928
Economic theory developed in the prior literature indicates that under the joint and several liability imposed by the federal Superfund statute, the government should recover more of its costs of cleaning up contaminated sites than it would under nonjoint liability, and the amount recovered...
Persistent link: https://www.econbiz.de/10014193394
Congress may soon restrict joint and several liability for cleanup of contaminated sites under Superfund. We explore whether this change would discourage settlements and is therefore likely to increase the program's already high litigation costs. Recent theoretical research by Kornhauser and...
Persistent link: https://www.econbiz.de/10014194974
Economic theory developed in the prior literature indicates that under the joint and several liability imposed by the federal Superfund statute, the government should recover more of its costs of cleaning up contaminated sites than it would under nonjoint liability, and the amount recovered...
Persistent link: https://www.econbiz.de/10013069503
"Economic theory developed in the prior literature indicates that under the joint and several liability imposed by the federal Superfund statute, the government should recover more of its costs of cleaning up contaminated sites than it would under nonjoint liability, and the amount recovered...
Persistent link: https://www.econbiz.de/10003994895
Persistent link: https://www.econbiz.de/10003230409
Persistent link: https://www.econbiz.de/10003612327
In response to claims that the threat of environmental liability under the Superfund law deters the acquisition of potentially contaminated sites (or quot;brownfieldsquot;) for redevelopment, the federal government has adopted programs to protect purchasers from liability. This protection may be...
Persistent link: https://www.econbiz.de/10012752519
Economic theory developed in the prior literature indicates that under the joint and several liability imposed by the federal Superfund statute, the government should recover more of its costs of cleaning up contaminated sites than it would under nonjoint liability, and the amount recovered...
Persistent link: https://www.econbiz.de/10012462446
In response to claims that the threat of environmental liability under the Superfund law deters the acquisition of potentially contaminated sites (or "brownfields") for redevelopment, the federal government has adopted programs to protect purchasers from liability. This protection may be...
Persistent link: https://www.econbiz.de/10012467009