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The paper considers monitoring of environmental change as the central element of environmental regulation. Monitoring, as each kind of principal-agent relations, easily gives rise to corruptive behavior. In the paper we analyze economic models of environmental monitoring with high costs,...
Persistent link: https://www.econbiz.de/10010860833
cost and own damage and injury). Driving faster also has external costs (pollution, adverse health impacts and injury to …
Persistent link: https://www.econbiz.de/10011264438
Persistent link: https://www.econbiz.de/10005357190
monitoring stations, air pollution falls 19% during every-other-day and 8% during one-day-per-week restrictions. Based on hourly … parking garage entrance records. Our results contrast with previous findings of no pollution reductions from driving …
Persistent link: https://www.econbiz.de/10009283806
agreements to control pollution. The survey considers both the cooperative approach and the noncooperative approach. In the case …
Persistent link: https://www.econbiz.de/10010548942
We study the introduction of new technologies when their costs are subject to idiosyncratic uncertainty and can only be fully learned through individual experience. We set up a dynamic model of clean experience goods that replace old polluting consumption options and show how optimal regulation...
Persistent link: https://www.econbiz.de/10010603856
The interaction between habit formation and pollution-type ex- ternalities modifies the social optimum through discount …
Persistent link: https://www.econbiz.de/10005800907
Revised 2008-08.-- Published as an article in: Journal of Public Economic Theory (2008), 10(4), 563-594. …
Persistent link: https://www.econbiz.de/10004972670
We analyze an overlapping generations model in which pollution arises, in an accumulative way, from production …. Households do not care directly about the environment, however pollution makes them incur health costs when they are elderly. We … show that the presence of pollution makes the economy more likely to be dynamically inefficient. For these cases we analyze …
Persistent link: https://www.econbiz.de/10005187544
The possibility of using revenues from environmental taxes to reduce other distortions in the tax system has been much discussed recently. This paper reviews the current debate and presents empirical evidence to suggest that the double dividend approach to CO2 emissions control in Canada can...
Persistent link: https://www.econbiz.de/10005545293