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Lender Liability for Environmental Risk Revisited

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Author Info
Ono, Tetsuo
Maeda, Yasuo

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Abstract

There have been opposing conclusions in the literature as to whether lender liability increases the probability of environmentally harmful accidents. This paper shows that s multiplicity of equilibria is the key to solve such contradictory conclusions.

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File URL: http://hermes-ir.lib.hit-u.ac.jp/rs/bitstream/10086/14469/1/pie_dp152.pdf
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Publisher Info
Paper provided by Center for Intergenerational Studies, Institute of Economic Research, Hitotsubashi University in its series Discussion Paper with number 152.

Download reference. The following formats are available: HTML (with abstract), plain text (with abstract), BibTeX, RIS (EndNote, RefMan, ProCite), ReDIF
Length: 9, [4] p.
Date of creation: May 2003
Date of revision:
Handle: RePEc:hit:piedp1:152

Note: This paper was presented at APFA Finance Conference in 2002 held in Tokyo.
Contact details of provider:
Web page: http://cis.ier.hit-u.ac.jp/
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Related research
Keywords: Environmental Risk; Lender Liability;

Find related papers by JEL classification:
K32 - Law and Economics - - Other Substantive Areas of Law - - - Environmental, Health, and Safety Law

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This page was last updated on 2009-11-20.

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