Kerschbamer, Rudolf; Maderner, Nina - In: Environmental & Resource Economics 19 (2001) 4, pp. 343-360
This paper derives optimal bribes to reduce upstream transfrontieremissions in the presence of asymmetric information on the polluter'sconcern for the environment. In a model in which the starting point forthe negotiations on emission reduction is a Cournot-Nash equilibrium, itis shown that...