Marine transportation drives global trade, moving> 10 billion tons of containers, solid, and
liquid bulk cargo across the world's seas annually. Historically, shipping companies and …

This paper surveys the economic theory behind regulatory and other solutions to the stark
ambient water pollution problems that exist in many developing countries, and what is …

In the recent period, more and more voices have called for unconventional competition
policies as a way to achieve higher environmental investments from firms. This paper shows …

Critical events such as the disruption of the Fundão tailings dam, considered the biggest
technological disaster in Brazil and the biggest of its category in the world, test the …

This paper analyzes liability rules when consumers and third parties/the environment incur
harm. Expected harm is convex in the level of output and modeled as a power function. We …

Ιστορικό: Οι θαλάσσιες μεταφορές αποτελούν τη ραχοκοκαλιά του διεθνούς εμπορίου και της
παγκόσμιας οικονομίας. Πάνω από το 80% του όγκου του διεθνούς εμπορίου αγαθών …

The standard 1-period, unilateral care accident model assumes identical injurers and perfect
information of an individual's risk type. However, these assumptions are unlikely to hold in …

Balance sheets provide an important snapshot of the financial position of a business at a
specified time. They list details of the corporation's assets along with its liability and the …

This dissertation studies the economic efficiency of different liability designs when firms
pertaining to the same industry generate an indivisible harm to a third party victim, such as …