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DC Field | Value | Language |
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dc.contributor.author | De Chiara, Alessandro | - |
dc.contributor.author | Manna, Ester | - |
dc.date.accessioned | 2023-02-28T18:42:17Z | - |
dc.date.available | 2023-02-28T18:42:17Z | - |
dc.date.issued | 2022-07-01 | - |
dc.identifier.issn | 0165-1765 | - |
dc.identifier.uri | http://hdl.handle.net/2445/194353 | - |
dc.description.abstract | We study whether the joint adoption of ex-ante regulation and ex-post liability leads to a higher level of welfare in a setting in which firms invest resources to develop an innovative product that can have negative social repercussions. We allow for firm-regulator corruption and compare two alternative regulatory regimes: lenient authorization and strict authorization. Corruption favors strict authorization and strengthens the case for making firms immune from ex-post liability so as to encourage ex-ante investment. By contrast, when lenient authorization is adopted, firms should not be insulated from liability. Hence, liability should be more severe when corruption is less common. | - |
dc.format.mimetype | application/pdf | - |
dc.language.iso | eng | - |
dc.publisher | Elsevier B.V. | - |
dc.relation.isformatof | Reproducció del document publicat a: https://doi.org/10.1016/j.econlet.2022.110546 | - |
dc.relation.ispartof | Economics Letters, 2022, vol. 216, num. 110546 | - |
dc.relation.uri | https://doi.org/10.1016/j.econlet.2022.110546 | - |
dc.rights | cc-by-nc-nd (c) Elsevier B.V., 2022 | - |
dc.rights.uri | http://creativecommons.org/licenses/by-nc-nd/3.0/es/ | * |
dc.source | Articles publicats en revistes (Economia) | - |
dc.subject.classification | Corrupció | - |
dc.subject.classification | Immunitat | - |
dc.subject.classification | Seguretat jurídica | - |
dc.subject.other | Corruption | - |
dc.subject.other | Immunity | - |
dc.subject.other | Legal certainty | - |
dc.title | Corruption and the case for safe-harbor regulation | - |
dc.type | info:eu-repo/semantics/article | - |
dc.type | info:eu-repo/semantics/acceptedVersion | - |
dc.identifier.idgrec | 731031 | - |
dc.date.updated | 2023-02-28T18:42:17Z | - |
dc.rights.accessRights | info:eu-repo/semantics/openAccess | - |
Appears in Collections: | Articles publicats en revistes (Economia) |
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731031.pdf | 306.68 kB | Adobe PDF | View/Open |
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