Personal Bankruptcy Law

An Economic Analysis

AvEva-Maria Steiger

Häftad, Engelska, 2005

Del i serien Ökonomische Analyse des Rechts

550 kr

Beställningsvara. Skickas inom 10-15 vardagar. Fri frakt över 249 kr.

Beskrivning

Eva-Maria Steiger classifies the mechanisms triggered by U.S. and European consumer bankruptcy regulations and tests them within a hidden action model. She identifies an influence on consumer effort choice at two dates - prior to distress and post filing -, appraises the capacity of the regulations to implement the efficient choice at both dates, and proposes a regulation to mitigate the identified distortions.

Produktinformation

Utgivningsdatum:2005-05-30
Mått:148 x 210 x 8 mm
Vikt:177 g
Format:Häftad
Språk:Engelska
Serie:Ökonomische Analyse des Rechts
Antal sidor:117
Upplaga:2005
Förlag:Deutscher Universitats-Verlag
ISBN:9783824483440

Utforska kategorier

Nationalekonomi inom Ekonomi och Ledarskap
Makroekonomi inom Ekonomi och Ledarskap

Mer om författaren

Dr. Eva-Maria Steiger promovierte am interdisziplinären Graduiertenkolleg Recht und Ökonomik der Universität Hamburg. Sie ist wissenschaftliche Assistentin am Walther-Rathenau-Institut für Organisationstheorie der Humboldt Universität zu Berlin.

Innehållsförteckning

1 Introduction.- 2 Legal Background and Extant Literature.- 3 The Model.- 3.1 Setting.- 3.2 Conventionalized Bankruptcy Regulations.- 4 Ex-Post Analysis.- 4.1 First-Best.- 4.2 Performance of Existing Rules.- 4.3 Proposal.- 4.4 Other Reform Proposals.- 4.5 Return to the Creditor.- 4.6 Numerical Example.- 4.7 Discussion.- 4.8 Results and Implications.- 5 Ex-Ante Analysis.- 5.1 Setting.- 5.2 First Best.- 5.3 Performance of Various Rules.- 5.4 Extensions.- 5.5 Numerical Example.- 5.6 Risk Attitude.- 5.7 Discussion.- 5.8 Results.- 6 Ex-Ante vs. Ex-Post Efficiency.- 7 Conclusion.