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Boyer, Marcel; Laffont, Jean-Jacques - Centre Interuniversitaire de Recherche en Analyse des … - 1994

The 1980 Comprehensive Environmental Response, Compensation and Liability Act in the US has extended the tools of the Environmental Protection Agency to recover cleanup costs caused by pollution damages from the liable parties. In particular, the banks who finance the firms causing environmental...

Persistent link: https://www.econbiz.de/10005100704

Toward a Political Theory of Environmental Policy

Boyer, Marcel; Laffont, Jean-Jacques - Centre Interuniversitaire de Recherche en Analyse des … - 1996

This paper makes some steps toward a formal political economy of environmental policy. Economists' quasi-unanimous preferences for sophisticated incentive regulation is reconsidered. First, we recast the question of instrument choice in the general mechanism literature and provide an incomplete...

Persistent link: https://www.econbiz.de/10005100845

Recycling With Endogeneous Consumer Participation

Baksi, Soham; Long, Ngo Van - Centre Interuniversitaire de Recherche en Analyse des … - 2006

We show that the cost of sorting and the network effects jointly determine the rate of participation of consumers in the process of recycling. The dominant producer of virgin material takes into account the recycling activities when it makes its pricing decision. The network effects can create...

Persistent link: https://www.econbiz.de/10005101062

Innovation Under the Threat of Stricter Environmental Standards

Cadot, Olivier; Sinclair-Desgagné, Bernard - Centre Interuniversitaire de Recherche en Analyse des … - 1995

This paper considers the threat of stricter regulation as a policy instrument to enhance innovation into cleaner technology. It is argued that in some contexts the government would find it optimal to regulate with positive probability but not with certainty. In those contexts the optimal policy...

Persistent link: https://www.econbiz.de/10005101064

Sustainable Network Dynamics

Dragicevic, Arnaud; Sinclair-Desgagné, Bernard - Centre Interuniversitaire de Recherche en Analyse des … - 2011

We propose a dynamic graph-theoretic model for ecosystem management as a control over networked system composed of target nodes and unmarked nodes. The network is represented by a complete graph, in which all vertices are connected by a unique edge. Target nodes are attracted by the objective...

Persistent link: https://www.econbiz.de/10009147627

An Experimental Study of a Common Property Renewable Resource Game in Continuous Time

Tasneem, Dina; Engle-Warnick, Jim; Benchekroun, Hassan - Centre Interuniversitaire de Recherche en Analyse des … - 2014

We experimentally study behavior in a common property renewable resource extraction game with multiple equilibria. In the experiment, pairs of subjects competitively extract and consume a renewable resource in continuous time. We find that play evolves over time into multiple steady states, with...

Persistent link: https://www.econbiz.de/10011183778

Competition and Performance: The Different Roles of Capital and Labor

Mohnen, Pierre; Raa, Thijs Ten - Centre Interuniversitaire de Recherche en Analyse des … - 2003

competition on performance. Performance is measured by TFP-growth. As a negative measure of competition we use rent. Rent is …-output analysis enables us to calculate rent for the Canadian sectors over a thirty-year period and to decompose it in its capital and … labor components. In line with the literature we find that rent has no significant influence on productivity. We find an …

Persistent link: https://www.econbiz.de/10005100729

The Living Arrangement Dynamics of Sick, Elderly Individuals

Dostie, Benoit; Léger, Pierre Thomas - Centre Interuniversitaire de Recherche en Analyse des … - 2004

In this paper, we address the dynamics associated with living-arrangement decisions of sick, elderly individuals. Using data from the Panel Study of Income Dynamics and its Parental Health Supplement, we construct the complete living-arrangement histories of elderly individuals in need of care....

Persistent link: https://www.econbiz.de/10005100709