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Persistent link: https://www.econbiz.de/10004792460
We consider a simple dynamic model of environmental taxation that exhibits time inconsistency. There are two categories of firms, Believers, who take the tax announcements made by the Regulator to face value, and Non-Believers, who perfectly anticipate the Regulator's decisions, albeit at a...
Persistent link: https://www.econbiz.de/10011325007
The purpose of the paper is to narrow the gap between the widespread use of voluntary agreements and research on the rationale of such approaches. A typical example are voluntary agreements of many industries to reduce carbon dioxide emissions because of global warming. If the industry...
Persistent link: https://www.econbiz.de/10011608503
-firm pollution alleviate the tendency of firms to delocate into the region with the weaker regulation; then, a deregulatory race to …
Persistent link: https://www.econbiz.de/10010319313
We analyze the formation of environmental policy to regulate transboundary pollution if governments are self … be too high if environmental interests and pollution-intensity of production are very strong; under different …
Persistent link: https://www.econbiz.de/10010286619
Candidates compete to persuade a decision maker. The decision maker wishes to select a candidate who possesses a certain ability. Then, as a signaling, each candidate decides whether to perform a task whose performance statistically reflects the ability. However, since the cost of the...
Persistent link: https://www.econbiz.de/10010281680
In this paper we study international river pollution problems. We introduce a model in which the agents (countries …) located along a river derive benefit while causing pollution, but also incur environmental costs of experiencing pollution … from all upstream agents. We find that total pollution in the model decreases when the agents decide to cooperate. The …
Persistent link: https://www.econbiz.de/10010326271
Persistent link: https://www.econbiz.de/10004603892