Authorities often lack information for efficient regulation of the commons. This paper derives a criterion comparing … prices versus tradable quantities in terms of expected welfare, given uncertainty, optimal policy and endogenous cost … structure. I show that one cannot determine which regulatory instrument that induces the highest expected welfare based on the …

We study the nature of individual demands for environmental regulation and for trade openness in the general … respect to the stringency of regulation. Moreover, even though trade has the potential to benefit everyone, the poor may … oppose trade openness because of a concern that laxer environmental regulation will then be imposed in the interest of the …

early stages or to protect mature firms from competition to appropriate these externalities. However, non …

This paper analyzes the effects of net neutrality regulation on investment incentives for Internet service providers … (ISPs) and content providers (CPs), and their implications for social welfare. We show that the ISP’s decision on the …

link between gasoline content regulation and the compliance behavior of refineries. We find that in areas with more … stringent gasoline regulation, there was increased compliance on the part of firms. …

that following integration welfare decreases in both regions. Integration is welfare-enhancing when the cost difference … between the two regions is large enough. The benefit from export profits increases total welfare in the exporting country …

experiences in other areas suggesting that competition could provide large benefits to hitherto regulated utilities in local …