Showing 191 - 197 of 197
Les auteurs reconsidèrent la réglementation environnementale, sous l'hypothèse que les technologies et services de réduction de la pollution sont offerts par des entreprises spécialisées formant un oligopole. On y montre que chaque approche réglementaire (taxes et quotas sur les...
Persistent link: https://www.econbiz.de/10011141469
To comply with laws, regulations and social demands, polluting increasingly purchase the needed means from specialized suppliers. This paper analyzes this relatively recent phenomenon. We show how environmental regulation, the size of the output market, the elasticity of demand for abatement...
Persistent link: https://www.econbiz.de/10010898191
The objective of this paper is to examine the joint effect of the board of directors and the auditor on the severity of sanctions imposed by the financial authority. Based on a theoretical model and using a unique dataset, we find that the board of directors and its audit committee play a...
Persistent link: https://www.econbiz.de/10010760042
This article examines the relationship between the enforcement strategy chosen by an Environmental Protection Agency and the organization of a firm. Under plausible assumptions it is shown that if the Agency ignores the firm's incentive system, then the firm cannot be decentralized. Cet article...
Persistent link: https://www.econbiz.de/10008556527
This paper examines the effect of emission taxes on pollution abatement and social welfare, when abatement goods and services are provided by a Cournot oligopoly with free-entry. We point out initially that a higher tax not only increases demand for abatement; it also makes polluters less...
Persistent link: https://www.econbiz.de/10008861518
This paper considers the welfare and policy implications of a merger between environment fi rms (i.e., firms managing environmental resources or supplying pollution abatement goods and services). The traditional analysis of mergers in Cournot oligopolies is extended in two ways. First, we show...
Persistent link: https://www.econbiz.de/10010894722
We propose a dynamic graph-theoretic model for ecosystem management as a control over networked system composed of target nodes and unmarked nodes. The network is represented by a complete graph, in which all vertices are connected by a unique edge. Target nodes are attracted by the objective...
Persistent link: https://www.econbiz.de/10010894747