Numerous studies argue that law affects behavior "expressively" - such as when states create focal points that overcome the coordination difficulties firms face. We argue that governments help firms overcome coordination dilemmas when they explicate a preferred strategy for firms weighing...

Few issues are more contentious for local communities than industrial pollution. When local industries pollute, lawmakers and regulators must balance two primary concerns: economic prosperity and the environment. The role of political pressure is well-documented in environmental policy. What is...