Arbeitspapier

Das Problem der Altlastenentdeckung - Anreize zur Informationsenthüllung durch eine Kronzeugenregelung?

The paper argues that the existing German and American liability rules for the cleanup of Superfund sites do not generate incentives to reveal private information on the existence of a contaminated site. It presents a infinite-horizon dynamic model of imperfect information and shows that such incentives are generated by appropriately reducing the liability share of any potentially responsible party which reveals its private information. The necessary reduction is a function of the probability of exogenous discovery and of the discount factor of the potentially responsible party. By referring to the legal literature on State's evidence, the paper analyses the problems related with different possibilities of designing the reduction rule.

Language
Deutsch

Bibliographic citation
Series: Preprints aus der Max-Planck-Projektgruppe Recht der Gemeinschaftsgüter ; No. 2000/17

Classification
Recht

Event
Geistige Schöpfung
(who)
Kleineidam, Roswitha
Lehmann, Markus
Event
Veröffentlichung
(who)
Max-Planck-Projektgruppe Recht der Gemeinschaftsgüter
(where)
Bonn
(when)
2000

Handle
Last update
10.03.2025, 11:42 AM CET

Data provider

This object is provided by:
ZBW - Deutsche Zentralbibliothek für Wirtschaftswissenschaften - Leibniz-Informationszentrum Wirtschaft. If you have any questions about the object, please contact the data provider.

Object type

  • Arbeitspapier

Associated

  • Kleineidam, Roswitha
  • Lehmann, Markus
  • Max-Planck-Projektgruppe Recht der Gemeinschaftsgüter

Time of origin

  • 2000

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