This paper studies Krugman's (1991) core-periphery model and extends it to include environmental pollution. We present … local environmental pollution, a third and more realistic type of equilibrium may occur in which most of the manufacturing …

This paper analyzes stochastic productive pollution within a model of endogenous growth. The extent to which the agents … perceive their individual influence on aggregate pollution is parameterized. Recursive preferences allow for the separation … stochastic pollution tax, which is uncorrelated with the technological uncertainty of pollution, is compared with a pure …

This paper analyzes the impact of pollution and abatement policy within a stochastic endogenous growth model. The …

Führt die zivilrechtliche Umwelthaftung in einem technisch und naturwissenschaftlich komplexen Bereich wie dem …. Sie hat eine aktuelle Brisanz durch die neue Umwelthaftungsrichtlinie der EU, die eine in Einzelpunkten, etwa der Haftung … für Biodiversitätsschäden, weitergehende Umwelthaftung EU-weit einführt. In diesem Beitrag wird untersucht, ob das …

Rather than contributing to the proliferation of ad hoc environmental indicators and accounting systems this paper …

the imposition of legal liability for damages from hazardous waste finds advantages and disadvantages of the U.S. reliance … on legal liability to pay for cleanup, as opposed to the government-financed approaches more common in Europe. …

We analyze the effects of accidents and liability obligations on the incentives of car manufacturers to monopolize the … external effect inasmuch as liability obligations imply that consumers of competing products have to pay the high prices as …

reinforcement of physician liability for off-label use may be the preferred instrument for achieving dynamic efficiency. The … liability threat reduces the demand for off-label use, giving manufacturers an appropriate incentive to invest in extended …

determinants for efficiency in credence goods markets. While theory predicts that either liability or verifiability yields … efficiency, we find that liability has a crucial, but verifiability only a minor effect. Allowing sellers to build up reputation … higher efficiency as long as liability is violated. …

determinants for efficiency in credence goods markets. While theory predicts that either liability or verifiability yields … efficiency, we find that liability has a crucial, but verifiability only a minor effect. Allowing sellers to build up reputation … higher efficiency as long as liability is violated. …