Showing 1 - 10 of 155
We consider environmental regulation in a context where firms invest in abatement technology under conditions of …
Persistent link: https://www.econbiz.de/10010291668
We present a theory linking political and social trust to explain trust erosion in modern societies. Individuals disagree on the seriousness of an externality problem, which leads to diverging policy opinions on how to solve it. This heterogeneity has two important effects on trust. First,...
Persistent link: https://www.econbiz.de/10014377449
We develop a dynamic regulation game for a stock externality under asymmetric information and future market uncertainty …. Within this framework, regulation is characterized as the implementation of a welfare-maximization program conditional on …
Persistent link: https://www.econbiz.de/10012892203
In this paper, we study regulation of externalities involving many small-scale polluters, where the damages from … such regulations should be designed and combined. We find that the optimal regulation design crucially depends on the type … technology regulation encourages cleaner technologies in high damage areas, but discourages their use in low damage areas …
Persistent link: https://www.econbiz.de/10012892205
assess the effectiveness and efficiency of these standards, which are the centerpiece of US Clean Air Act regulation of …
Persistent link: https://www.econbiz.de/10014240477
unlikely to make independent choices, we identify pressure, externalities and learning or emulation as plausible diffusion …
Persistent link: https://www.econbiz.de/10010274969
I investigate empirically the role of religion and political institutions in policies against human trafficking, using the new 3P Anti-trafficking Policy Index. The dataset contains 175 countries. The results show that governments in countries with Christian majorities implement stricter...
Persistent link: https://www.econbiz.de/10010317039
resources might dampen the negative externalities associated with misbehaving students, and thus work to improve the performance …
Persistent link: https://www.econbiz.de/10010292717
Randomized experiments provide policy relevant treatment effects if there are no spillovers between participants and nonparticipants. We show that this assumption is violated for a Danish activation program for unemployed workers. Using a difference-in-difference model we show that the...
Persistent link: https://www.econbiz.de/10011388151
This paper studies the stability of socially responsible behavior in markets. We develop a laboratory product market in which low-cost production creates a negative externality for third parties, but where alternative production with higher costs entirely mitigates the externality. Our data...
Persistent link: https://www.econbiz.de/10010328753