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来源类型Working Paper
规范类型报告
DOI10.3386/w11227
来源IDWorking Paper 11227
A Damage-Revelation Rationale for Coupon Remedies
A. Mitchell Polinsky; Daniel L. Rubinfeld
发表日期2005-03-28
出版年2005
语种英语
摘要This article studies optimal remedies in a setting in which damages vary among plaintiffs and are difficult to determine. We show that giving plaintiffs a choice between cash and coupons to purchase units of the defendant's product at a discount -- a "coupon-cash remedy" -- is superior to cash alone. The optimal coupon-cash remedy offers a cash amount that is less than the value of the coupons to plaintiffs who suffer relatively high harm. Such a remedy induces these plaintiffs to choose coupons, and plaintiffs who suffer relatively low harm to choose cash. Sorting plaintiffs in this way leads to better deterrence because the costs borne by defendants (the cash payments and the cost of providing coupons) more closely approximate the harms that they have caused.
主题Microeconomics ; Households and Firms ; Economics of Information ; Public Economics ; Taxation ; Other ; Law and Economics
URLhttps://www.nber.org/papers/w11227
来源智库National Bureau of Economic Research (United States)
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资源类型智库出版物
条目标识符http://119.78.100.153/handle/2XGU8XDN/568864
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GB/T 7714
A. Mitchell Polinsky,Daniel L. Rubinfeld. A Damage-Revelation Rationale for Coupon Remedies. 2005.
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