Eva-Maria Steiger classifies the mechanisms triggered by U. S. and European consumer bankruptcy regulations and tests them within a hidden action model. She identifies an influence on consumer effort choice at two dates - prior to distress and post filing -, appraises the capacity of the regulations to implement the efficient choice at both dates, and proposes a regulation to mitigate the identified distortions. | Personal Bankruptcy Law by Eva-Maria Steiger, Paperback | Indigo Chapters