In this paper, we investigate the features of an optimal regulatory policy composed of pollution standards and probabilities of inspection to verify firms' behavior, where fines for noncompliance depend on the degree of violation. We find that the optimal policy can entail either compliance or noncompliance with the enviromental standards, the latter being more plausible when monitoring costs are high and, surprisingly, when fines for noncompliance are also high. In the event the planner has perfect information about the firns, we find that, whe the optimal policy entails noncompliance, the optimal standard is always equal to zero, suggesting the superiority of probabilistic environmental taxes versus positive standards. However this is no ...
We present the results of a series of laboratory economic experiments designed to study compliance b...
We analyze a model where firms chose a production technology which, together with some random event,...
Is it socially desirable that .nes for exceeding pollution standards depend on the degree of non-com...
In this paper, we investigate the features of an optimal regulatory policy composed of pollution sta...
In this paper, we investigate the features of an optimal regulatory policy composed of pollution sta...
In this paper, we characterize optimal regulatory policies composed of pollution standards, probabil...
This paper originated from the AEE/REE presidential address for the XXX Simposio de Análisis Económi...
In this paper, we investigate the features of optimal regulatory policies composed of pollution stan...
Producción CientíficaWe analyze optimal pollution standards and enforcement strategies in settings w...
We study optimal policies composed of pollution standards, probabilities of inspection and fines dep...
We study the individual compliance behavior of polluting firms in an experimental setting under two ...
In this paper we incorporate monitoring and enforcement aspects in the choice of environmental polic...
In this paper we incorporate monitoring and enforcement aspects in the choice of environmental polic...
Using the case study of water pollution in the Flemish textile industry, we discuss three empirical ...
The EPA’s 2003 and 2008 National Pollution Discharge Elimination System for Confined Animal Feeding ...
We present the results of a series of laboratory economic experiments designed to study compliance b...
We analyze a model where firms chose a production technology which, together with some random event,...
Is it socially desirable that .nes for exceeding pollution standards depend on the degree of non-com...
In this paper, we investigate the features of an optimal regulatory policy composed of pollution sta...
In this paper, we investigate the features of an optimal regulatory policy composed of pollution sta...
In this paper, we characterize optimal regulatory policies composed of pollution standards, probabil...
This paper originated from the AEE/REE presidential address for the XXX Simposio de Análisis Económi...
In this paper, we investigate the features of optimal regulatory policies composed of pollution stan...
Producción CientíficaWe analyze optimal pollution standards and enforcement strategies in settings w...
We study optimal policies composed of pollution standards, probabilities of inspection and fines dep...
We study the individual compliance behavior of polluting firms in an experimental setting under two ...
In this paper we incorporate monitoring and enforcement aspects in the choice of environmental polic...
In this paper we incorporate monitoring and enforcement aspects in the choice of environmental polic...
Using the case study of water pollution in the Flemish textile industry, we discuss three empirical ...
The EPA’s 2003 and 2008 National Pollution Discharge Elimination System for Confined Animal Feeding ...
We present the results of a series of laboratory economic experiments designed to study compliance b...
We analyze a model where firms chose a production technology which, together with some random event,...
Is it socially desirable that .nes for exceeding pollution standards depend on the degree of non-com...