Personal Bankruptcy Law An Economic Analysis |
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| Author:
| Steiger, Eva-Maria |
| Series title: | Ökonomische Analyse des Rechts Ser. |
| ISBN: | 978-3-8244-8344-0 |
| Publication Date: | May 2005 |
| Publisher: | Deutscher Universitäts Verlag
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| Book Format: | Paperback |
| List Price: | USD $89.99USD $54.99 |
Book Description:
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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.
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.