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Does the structure of the fine matter?
Caffera, Marcelo; Chávez, Carlos; Ardente, Analia - Facultad de Ciencias Empresariales y Economía, … - 2013
We study individual compliance behavior with respect to a legal norm in an experimental setting under two different regulatory instruments: emission standards and tradable pollution permits. Compliance to the same set of standards and expected permit holdings was induced with different...
Persistent link: https://www.econbiz.de/10011196448
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An Experimental Analysis of Compliance in Dynamic Emissions Markets
Stranlund, John K.; Murphy, James J.; Spraggon, John M. - Department of Economics, College of Business and Public … - 2011
designed to investigate enforcement and compliance when these markets allow permit banking. Banking is motivated by a decrease …
Persistent link: https://www.econbiz.de/10010607613
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Imperfect Enforcement of Emissions Trading and Industry Welfare: A Laboratory Investigation
Stranlund, John; Murphy, James J.; Spraggon, John M.; … - Department of Economics, College of Business and Public … - 2012
efficient at allocating individual emission control choices despite imperfect enforcement and significant noncompliance. However …
Persistent link: https://www.econbiz.de/10010900536
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Price Controls and Banking in Emissions Trading: An Experimental Evaluation
Stranlund, John K.; Murphy, James J.; Spraggon, John M. - Department of Economics, College of Business and Public … - 2014
We present results from laboratory emissions markets designed to investigate the effects of price controls and permit banking on limiting permit price risk. While both instruments reduce between-period price volatility and within-period price dispersion, combining price controls and permit...
Persistent link: https://www.econbiz.de/10010945585
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Price controls and banking in emissions trading: An experimental evaluation
Stranlund, John K.; Murphy, James J.; Spraggon, John M. - In: Journal of Environmental Economics and Management 68 (2014) 1, pp. 71-86
We present results from laboratory emissions markets designed to investigate the effects of price controls and permit banking on limiting permit price risk. While both instruments reduce between-period price volatility and within-period price dispersion, combining price controls and permit...
Persistent link: https://www.econbiz.de/10011193791
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Should we tax or let firms trade emissons? An experimental analysis with policy implications for developing countries
Coria, Jessica; Villegas-Palacio, Clara; Cárdenas, … - Nationalekonomiska institutionen, Handelshögskolan - 2011
(2010) about the effects of the interaction between technology adoption and incomplete enforcement. They show that under … the benefits from adopting the new technology increase with the enforcement stringency.<p> Our experimental results …
Persistent link: https://www.econbiz.de/10011019087
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Why Do Environmental Taxes Work Better in Developed Countries?
Coria, Jessica; Villegas-Palacio, Clara; Cárdenas, J.C. - Nationalekonomiska institutionen, Handelshögskolan - 2012
enforcement by regulatory agencies in two different cultural contexts. In line with previous literature that emphasizes the role … enhancing compliance, a more stringent enforcement remains as an important mechanism to induce firms to comply with the …
Persistent link: https://www.econbiz.de/10009399315
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Uncertain Penalties and Compliance
Luengo, Carol; Caffera, Marcelo; Chávez, Carlos - Facultad de Ciencias Empresariales y Economía, …
enforcement is not sufficient to induce compliance, the uncertainty regarding the amount of the fine does not have any effect on …
Persistent link: https://www.econbiz.de/10011094306
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Taxes, Permits and the Adoption of Abatement Technology under Imperfect Compliance
Villegas, Clara; Coria, Jessica - Nationalekonomiska institutionen, Handelshögskolan - 2009
incentives and social welfare in the presence of incomplete enforcement and technology adoption. We show that in contrast to … while TEPs induce lower abatement, investment, and expected enforcement costs. Thereby, the overall ranking depends on the …
Persistent link: https://www.econbiz.de/10005016227
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Taxes, Permits, and the Adoptation of Abatement Technology under Imperfect Compliance
Villegas, Clara; Coria, Jessica - 2009
compliance incentives and social welfare in the presence of incomplete enforcement and technology adoption. We show that if the … TEPs induce lower abatement, investment, and expected enforcement costs. Therefore, the overall ranking depends on the …
Persistent link: https://www.econbiz.de/10010541863