Showing 1 - 10 of 2,334
stock is examined. Replicator dynamics modeling participation and compliance are combined with pollution stock dynamics … auditing probability. Partial participation and partial compliance can be ES equilibria, with possible multiplicities, in … oscillating. Full participation and compliance can be attained if the regulator is pre-committed to certain legislation and …
Persistent link: https://www.econbiz.de/10011602795
stock is examined. Replicator dynamics modeling participation and compliance are combined with pollution stock dynamics … auditing probability. Partial participation and partial compliance can be ES equilibria, with possible multiplicities, in … oscillating. Full participation and compliance can be attained if the regulator is pre-committed to certain legislation and …
Persistent link: https://www.econbiz.de/10014071765
This article reviews the economic literature on voluntary approaches to environmental regulation. In the last few years there has been a rapid growth in the use of voluntary actions and programs to address environmental concerns. These approaches can be placed into three general categories: (1)...
Persistent link: https://www.econbiz.de/10014038112
This article reviews the economic literature on voluntary approaches to environmental regulation. In the last few years there has been a rapid growth in the use of voluntary actions and programs to address environmental concerns. These approaches can be placed into three general categories: (1)...
Persistent link: https://www.econbiz.de/10014046207
This paper deals with a special type of voluntary approach to protect the environment, for example, that we would like to term voluntary commitment. Its major characteristic is that it represents a unilateral declaration without a decisively active role of regulators. In other words, voluntary...
Persistent link: https://www.econbiz.de/10011447631
Persistent link: https://www.econbiz.de/10012130539
Many firms conduct 'environmental audits' to test compliance with a complex array of environmental regulations … for and to effect compliance. After demonstrating the inadequacy of conventional remedies, we show that incentives can be …
Persistent link: https://www.econbiz.de/10014173916
Self-regulation is common, but comparative analysis of self-regulation and government regulation is rare. This paper identifies conditions determining whether regulation is delegated or centralized, analyzing the welfare implications of regulatory regime choice. Because regulatory authority...
Persistent link: https://www.econbiz.de/10014224400
Although a common institutional arrangement, self-regulation as an alternative to direct government regulation has received relatively little attention from economists. This paper uses a framework inspired by property rights theory to analyze the allocation of regulatory authority. In a model of...
Persistent link: https://www.econbiz.de/10014060429
Increasingly, firms are under pressure to take responsibility for the externalities their business activities generate. To avoid being targeted by activists, firms may engage in self-regulation. We study this phenomenon in the context of the payment transparency movement in extractive...
Persistent link: https://www.econbiz.de/10013306680