How Liable Should a Lender Be? The Case of Judgment-Proof Firms and Environmental Risk: Comment

Dieter Balkenborg

71 citations0/0 files storedAmerican Economic Review

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Law, Economics, and Judicial Systems Banking stability, regulation, efficiency Corporate Insolvency and Governance

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How Liable Should a Lender Be? The Case of Judgment-Proof Firms and Environmental Risk: Comment by Dieter Balkenborg. Published in volume 91, issue 3, pages 731-738 of American Economic Review, June 2001

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1950The Bargaining Problem 1986The judgment proof problem 1982An Economic Analysis of the Choice between Enterprise and Personal Liability for Accidents 1997Environmental risks and bank liability 1996Limited liability and the requirement to purchase insurance 1983The Case of the Disappearing Defendant: An Economic Analysis 1996Lender Penalty for Environmental Damage and the Equilibrium Cost of Capital

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