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Persistent link: https://www.econbiz.de/10005207287
Some kinds of corporate crime can be characterized as accidents, such as many types of environmental damage. These crimes are oflen expensive to deter because conviction costs are high and maximum fines are constrained by firms' ability to pay. The paper derives how enforcement costs can be...
Persistent link: https://www.econbiz.de/10005652189
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In order to reach a Pareto optimal outcome with transboundary environmental problems, there must be some kind of international environmental agreement. One possibility is to have an international environmental agreement focusing directly on emissions in each country. Given such an agreement, an...
Persistent link: https://www.econbiz.de/10005652309
We discuss three state-preference approaches to eliciting willingness to pay (WTP) for environmental goods, namely open-ended contingent valuation (OE-CVM), conjoint analysis (CA) and multi-attribute utility theory applied to decision panels of experts (EDP).
Persistent link: https://www.econbiz.de/10005652370