This paper extends a previous analysis by Franckx (2001). We consider an inspection game between n polluting firms and an environmental enforcement agency. If the cost of monitoring ambient pollution is low enough, the optimal inspection policy consists in, on the one hand, imposing the maximal...

We consider the determination of the optimal fine for noncompliance by a legislator who anticipates the inspection game between an autonomous inspection agency and polluting firms. This agency can make the inspection of individual firms contingent on ambient pollution. The agency's autonomy...

We consider an inspection game between an arbitrary number of polluting firms and an agency who can choose to monitor ambient pollution. We obtain an equilibrium where all firms comply with the same probability and where the inspection agency inspects all firms individually if ambient pollution...

A relatively small but growing literature in economics examines conflictive activities where agents allocate their resource endowments between wealth production and appropriation. To date, their studies have employed a one period, static game theoretic framework. We propose a methodology to...

According to Porter’s hypothesis, environmental regulation increases the regulated firms’ profits. However, if a “greener” strategy is more profitable why does it need regulatory intervention in order to be implemented? Let a greener product increase the adopter’s marginal cost while...

El estudio de los impactos económicos de las políticas de control del cambio climático requiere del uso de modelos adecuados. Este artículo presenta un Modelo Dinámico de Equilibrio General Aplicado tipo Ramsey. El modelo implementa un mercado de permisos de emisión perfecto que garantiza...

This essay makes the case that Canada should abandon the Kyoto accord and refuse to participate in any such future accords. The first part to the argument reviews some of the key uncertainties in climate science, which are of sufficient magnitude as to indicate that we may still be all wrong...

Recent studies of climate anomalies have highlghted an apparent upward trend at the surface and the relevance absence of such a trend in the troposhere, which conflicts with predictions from climate models. Time series estimation methods are used to evaluate linear and piecewise-linear trends in...

We analyze the optimal dynamic scale and structure of a two-sector-economy, where each sector produces one consumption good and ons specific pollutant. Both pollutants accumulate at different rates to stocks which damage the natural environment. This acts as a dynamic driving force for the...

Social and natural sciences employ a number of different measures of diversity. The presents paper surveys those depending on the distribution of abundances among a given set of categories. Characteristic properties of the measures are generalized and a unifying notation is derived. It is argued...