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On the limitation of penalties and the non-equivalence of penalties and taxes
[Sur les limites de la responsabilité civile et la non-équivalence entre pénalités et taxes]

Author

Listed:
  • Stephan S. Marette

    (ECO-PUB - Economie Publique - INRA - Institut National de la Recherche Agronomique - INA P-G - Institut National Agronomique Paris-Grignon)

  • Estelle Gozlan

    (ECO-PUB - Economie Publique - INRA - Institut National de la Recherche Agronomique - INA P-G - Institut National Agronomique Paris-Grignon)

  • Bénédicte Coestier

    (THEMA - Théorie économique, modélisation et applications - UPN - Université Paris Nanterre - UCP - Université de Cergy Pontoise - Université Paris-Seine - CNRS - Centre National de la Recherche Scientifique)

Abstract

Les auteurs comparent les impacts d'une pénalité en cas d'accident (réglementation ex post) et d'une taxe unitaire sur la production (ex ante), en présence d'une externalité de production. Le choix d'une réglementation publique optimale, visant à internaliser le dommage, est influencé à la fois par le pouvoir de marché des firmes et par leur insolvabilité potentielle en cas d'accident. Les stratégies en quantité ont un impact sur la capacité des firmes à payer la pénalité en cas d'accident, ce qui peut conduire à une multiplicité d'équilibres (avec soit toutes les firmes solvables, soit toutes les firmes insolvables en cas d'accident). L'insolvabilité potentielle peut conduire le régulateur public à limiter la pénalité optimale. Une taxe unitaire est toujours au moins aussi efficace qu'une politique de responsabilité civile.

Suggested Citation

  • Stephan S. Marette & Estelle Gozlan & Bénédicte Coestier, 2005. "On the limitation of penalties and the non-equivalence of penalties and taxes [Sur les limites de la responsabilité civile et la non-équivalence entre pénalités et taxes]," Post-Print hal-02671981, HAL.
    • Handle: RePEc:hal:journl:hal-02671981
    DOI: 10.1007/s10657-005-5279-0
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    References listed on IDEAS

    as
    1. Stephen F. Hamilton, 1998. "Taxation, Fines, and Producer Liability Rules: Efficiency and Market Structure Implications," Southern Economic Journal, John Wiley & Sons, vol. 65(1), pages 140-150, July.
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    Cited by:

    1. Rouvière, Elodie, 2016. "Small is beautiful: firm size, prevention and food safety," Food Policy, Elsevier, vol. 63(C), pages 12-22.

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    More about this item

    Keywords

    SOLVABILITE; Environnement; espace et société;
    All these keywords.

    JEL classification:

    • K13 - Law and Economics - - Basic Areas of Law - - - Tort Law and Product Liability; Forensic Economics
    • L13 - Industrial Organization - - Market Structure, Firm Strategy, and Market Performance - - - Oligopoly and Other Imperfect Markets

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