Governing Long-Tail Liabilities: Institutional Design under Persistent Project Risk
Abstract
This paper examines how institutions govern long-tail liabilities in projects with persistent environmental and financial risk. It shows how bonding, corporate form, and regulatory enforcement interact over time. The paper frames liability management as an institutional design problem rather than a compliance exercise.
Fields of Study & Subjects
Law
Economics
and Judicial Systems
Regulation and Compliance Studies
Insurance and Financial Risk Management
Publication details
- Journal / source
- Zenodo (CERN European Organization for Nuclear Research)
- Publication date
- 25 January 2026
- Language
- EN