Les déterminants théoriques de la faillite de l’entrepreneur et l’efficience de l’allocation du risque juridique: un survol de littérature

Theoretical determinants of the bankruptcy of the entrepreneur and the efficiency of the allowance of the legal risk: A review of literature

Essaid Tarbalouti

MPRA Paper from University Library of Munich, Germany

Abstract: In this article, we develop the various theories which explain the determinants of the bankruptcy of the entrepreneur and the justifications of law to allocate this risk. We distinguish the theories from impulsive behavior or irrationality, the bad luck and the capacity to evaluate the risk of bankruptcy of the entrepreneur. We wonder on the economic bases of these determinants and about the impact of the corrections made by the rules of the law on economic efficiency.

Keywords: Law and Economic; bankruptcy; allowance of the risk; legal remedies; Behavior; economic effeciency (search for similar items in EconPapers)
JEL-codes: G33 K22 (search for similar items in EconPapers)
Date: 2010-10
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