Achieving high compliance rates in incentive-based agri-environmental schemes is animportant issue. This paper explores the use of a mixed penalty-reward approach underheterogeneous compliance costs. Specifically, we examine the use of a “compliancereward” under asymmetric information and...

Abstract Since the Great Depression and the stock market crash in 1929, the global economy has experienced immersive development. This paper will analyze the effects of the involvement of governments in rescuing failing banks through different methodological tools. The purpose of this research...