Now showing items 1-4 of 4
Government Relief for Risk Associated with Government Action
A significant source of risk arises from uncertainty concerning future government policy. Government action - tax reform, deregulation, judicial decisions, budgetary shifts - produces gains and losses for those who invested ...
Rules versus Standards: An Economic Analysis
(Duke University School of Law, 1992)
This Article offers an economic analysis of the extent to which legal commands should be promulgated as rules or standards. Two dimensions of the problem are emphasized. First, the choice between rules and standards affects ...
Income Tax Deductions for Losses as Insurance
(American Economic Association, 1992)
The federal income tax allows deductions for some categories of personal losses, notably for casualty losses (such as destruction of one's home or car) and medical expenses above a threshold. The latter, even with lower ...
Optimal Sanctions When Individuals Are Imperfectly Informed about the Probability of Apprehension
(University of Chicago Press, 1992)
No abstract provided.