Baldursson, Fridrik M.; Fehr, Nils-Henrik M. von der - In: Journal of the European Economic Association 5 (2007) 1, pp. 37-65
We consider an intertemporal policy game between changing governments that differ in their attitudes towards a particular feature of market outcomes, exemplified with environmental pollution. When in power, a government will choose policy instruments and set strictness of regulation with a view...
