, one associated with high and another with low corruption. Corrupted politicians induce high levels of tax evasion … corruption equilibrium by choosing the appropriate tax rate and, through institutional changes, the rates of peculation …. -- Corruption ; Environmental Policy …

Modellers have examined a wide array of ideal-world scenarios for regulation of greenhouse gases. In this ideal world …”—which has a strikingly small impact on total world cost of carbon regulations if international trade in emission credits allows … another factor that analysts have largely ignored: credibility. In the real world governments find it difficult to craft and …