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Personal Bankruptcy Law: An Economic Analysis

Personal Bankruptcy Law: An Economic Analysis

Paperback

Series: Ökonomische Analyse Des Rechts

EconomicsInvesting & FinanceShakespeare

ISBN10: 3824483440
ISBN13: 9783824483440
Publisher: Deutscher Universitatsverlag
Published: May 30 2005
Pages: 117
Weight: 0.36
Height: 0.27 Width: 5.83 Depth: 8.27
Language: English
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.

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