Personal Bankruptcy Law: An Economic Analysis
Author:   Eva-Maria Steiger
Publisher:   Deutscher Universitats-Verlag
Edition:   Softcover reprint of the original 1st ed. 2005
ISBN:  

9783824483440


Pages:   117
Publication Date:   30 May 2005
Format:   Paperback
Availability:   Manufactured on demand   Availability explained
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Personal Bankruptcy Law: An Economic Analysis


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Overview

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.

Full Product Details

Author:   Eva-Maria Steiger
Publisher:   Deutscher Universitats-Verlag
Imprint:   Deutscher Universitats-Verlag
Edition:   Softcover reprint of the original 1st ed. 2005
Dimensions:   Width: 14.80cm , Height: 0.60cm , Length: 21.00cm
Weight:   0.198kg
ISBN:  

9783824483440


ISBN 10:   3824483440
Pages:   117
Publication Date:   30 May 2005
Audience:   Professional and scholarly ,  Professional & Vocational
Format:   Paperback
Publisher's Status:   Active
Availability:   Manufactured on demand   Availability explained
We will order this item for you from a manufactured on demand supplier.
Language:   English

Table of Contents

1 Introduction.- 2 Legal Background and Extant Literature.- 3 The Model.- 3.1 Setting.- 3.2 Conventionalized Bankruptcy Regulations.- 4 Ex-Post Analysis.- 4.1 First-Best.- 4.2 Performance of Existing Rules.- 4.3 Proposal.- 4.4 Other Reform Proposals.- 4.5 Return to the Creditor.- 4.6 Numerical Example.- 4.7 Discussion.- 4.8 Results and Implications.- 5 Ex-Ante Analysis.- 5.1 Setting.- 5.2 First Best.- 5.3 Performance of Various Rules.- 5.4 Extensions.- 5.5 Numerical Example.- 5.6 Risk Attitude.- 5.7 Discussion.- 5.8 Results.- 6 Ex-Ante vs. Ex-Post Efficiency.- 7 Conclusion.

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Author Information

Dr. Eva-Maria Steiger promovierte am interdisziplinären Graduiertenkolleg Recht und Ökonomik der Universität Hamburg. Sie ist wissenschaftliche Assistentin am Walther-Rathenau-Institut für Organisationstheorie der Humboldt Universität zu Berlin.

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