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This paper views authority as the right to undertake decisions that impose externalities on other members of the organization. When only decision rights can be contractually assigned to one of the organization's stakeholders, the optimal assignment minimizes the resulting inefficiencies by...
Persistent link: https://www.econbiz.de/10005114267
This Paper views authority as the right to undertake decisions that have external effects on other members of the organization. Because of contractual incompleteness, monetary incentives are insufficient to internalize these effects in the decision-maker’s objective. The optimal assignment of...
Persistent link: https://www.econbiz.de/10005661581
Kilauea volcano is the largest stationary source of SO2 pollution in the United States of America. Moreover, the SO2 … pollution variation to estimate the impact of particulate matter and SO2 on emergency room admissions and costs in the state of … evidence that particulate pollution increases pulmonary-related hospitalization. Specifically, a one standard deviation …
Persistent link: https://www.econbiz.de/10011252621
. We investigate whether the size of pollution abatement costs in US industry influences the pattern of international trade … effect of a North American Free Trade Agreement (NAFTA) on pollution in Mexico. …
Persistent link: https://www.econbiz.de/10005791657
water quality. Pollution may rise with growth, because an increased scale of economic activity means more emissions, ceteris … pollution there is no evidence at all that a turning point has yet been reached. The paper goes on to discuss the economic …
Persistent link: https://www.econbiz.de/10005498085
current agreement on uniform reductions from 1980 levels is inefficient and costly. The evidence suggests that SO2 pollution …
Persistent link: https://www.econbiz.de/10005281281
Widespread concern has been expressed that the costs of reducing environmental pollution in Eastern Europe will divert …
Persistent link: https://www.econbiz.de/10005281413
reduce the number of severe road traffic accidents, carbon monoxide, nitrogen monoxide, nitrogen dioxide pollution and infant …
Persistent link: https://www.econbiz.de/10011083939