Eliciting sincere preferences for non-market goods remain a challenge due to the discrepency between hypothetical and real behavior and false zeros. The gap arises because people either overstate hypothetical values or understate real commitments or a combination of both. Herein we examine...

Environmental federalism considers what level of government should optimally regulate pollution. This paper addresses this question for accidental pollution, which government regulates through the ex post liability regimes of either negligence or strict liability. We find that decentralizing the...

We consider how the reputation of being socially responsible works as an effective source of motivation in protecting a public good, such as endangered species. This paper investigates the mechanism design for endangered species protection on private land under asymmetric information about...