We study the regulation of a morally responsible agent in the context of a negative consumption externality and … moral responsibility. Employing a motivation-crowding model, we find that morally motivated behavior will, in general, not …

moral motivation. -- Altruism ; externality ; moral motivation ; motivation crowding ; Pareto efficiency ; regulation …We study the regulation of a morally responsible agent in the context of a negative consumption externality and …We study the regulation of a morally responsible agent in the context of a negative consumption externality and …

We study the regulation of a morally responsible agent in the context of a negative consumption externality and … moral responsibility. Employing a motivation-crowding model, we find that morally motivated behavior will, in general, not …

externality by lowering contributions when outsiders are negatively affected. Remarkably, voting does not increase contributions … when it would be most desirable, i.e. with a positive externality. Here, participants vote for high contributions, yet …

basic and ubiquitous features of regulation as actually implemented throughout the world has received little theoretical … because exemption induces additional harmful activity to be channeled their way. This article analyzes optimal regulation with … regulation, which illustrates the contrast with the mechanism design approach that analyzes the optimal use of instruments of a …

In this paper, we study regulation of externalities involving many small-scale polluters, where the damages from … such regulations should be designed and combined. We find that the optimal regulation design crucially depends on the type … technology regulation encourages cleaner technologies in high damage areas, but discourages their use in low damage areas …

Pigou (1920) advocated for taxes, set equal to marginal damages, on goods produced and consumed that involve negative …-internalizing without need for Pigouvian taxes, and public goods would also be provided optimally by the private sector. Because of the … the methods currently employed by economists. This implies that Pigouvian taxes should generally be larger than currently …

In this paper, we study regulation of externalities involving many small-scale polluters, where the damages from … such regulations should be designed and combined. We find that the optimal regulation design crucially depends on the type … technology regulation encourages cleaner technologies in high damage areas, but discourages their use in low damage areas …

In this paper, we study regulation of externalities involving many small-scale polluters, where the damages from … such regulations should be designed and combined. We find that the optimal regulation design crucially depends on the type … technology regulation encourages cleaner technologies in high damage areas, but discourages their use in low damage areas …