The paper argues that the existing German and American liability rules for the cleanup of Superfund sites do not generate incentives to reveal private information on the existence of a contaminated site. It presents a infinite-horizon dynamic model of imperfect information and shows that such...

Der Beitrag vergleicht zwei Instrumente zur Implementation der Produktverantwortung bei der Altautoentsorgung: eine für den Letztbesitzer entgeltfreie Rücknahmeverpflichtung des Herstellers, wie sie insbesondere vom deutschen Regulator favorisiert wurde, mit einer Regel der partiellen...

This paper compares two instruments for implementing producer responsibility for used cars. The German regulatory solution, relying on take-back obligations for producers, free for the last holder, is contrasted with a rule of partial cost recovery. It is shown that the cost-recovery rule saves...

The paper reconsiders arguments raised from the viewpoint of competition policy against Germany’s centralized Dual Management System for Packaging Waste Collection and Recycling. It is argued that centralization is the result of a basic principle of German waste management policy, namely, the...