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Federal environmental laws in the U.S. can be enforced by government agencies or by private parties through citizen suits against polluters. Here, I extend the standard enforcement model to examine the role played by citizen suits. The main results from the paper suggest that in a model with...
Persistent link: https://www.econbiz.de/10005711102
<Para ID="Par1">This paper focuses on a type of voluntary pollution abatement agreement (VA) in which the regulator offers regulatory relief for the participating firm in exchange for environmental improvements. If the regulator does not have statutory authority to provide regulatory relief, the VA can leave...</para>
Persistent link: https://www.econbiz.de/10011155102