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Beyond Endoscopes: Pilot Study of Surgical Instrument Lumen Inspection. [PDF]

open access: yesBiomed Instrum Technol
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Optimal Fines under Announced and Surprise Inspections

Journal of Public Economic Theory, 2015
AbstractThis paper examines optimal fines in a regulatory framework where the regulator can choose either surprise or announced inspections to monitor a firm for compliance. The firm can invest in detection avoidance, but it receives a fine if the regulator discovers that it is noncompliant.
Emmanuel Dechenaux, Andrew Samuel
openaire   +1 more source

Announced vs. surprise inspections with tipping-off

European Journal of Political Economy, 2014
Abstract This paper analyzes a model in which a firm's compliance with regulation is monitored by a supervisor. The supervisor exerts costly, unobservable effort to raise his inspection intensity, which leads to moral hazard. A non-compliant firm may exert effort in avoidance to reduce the probability of sanction.
Emmanuel Dechenaux, Andrew Samuel
openaire   +1 more source

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