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Whereas 'traditional environmental economics' - considering pervasive 'market failure' in the form of negative externalities as the root cause of the problem of environmental degradation - argues for specific government intervention in the market process via a host of different measures to...
Persistent link: https://www.econbiz.de/10011608289
-proven technologies, or require incremental to radical innovation. This paper addresses the likely effects on technological change of a … requirements; the negotiation of emission, effluent, waste and technology-based standards for compliance; innovation waivers … industries (as a result of performing technology options analysis), or (3) to undertake incremental technological innovation, or …
Persistent link: https://www.econbiz.de/10011608290
Voluntary agreements are an important environmental policy instrument. In the paper some examples are discussed and the structure and mechanisms of voluntary agreements are analyzed using a strategic game approach. In the simple strategic game with only one abatement technology, there is a...
Persistent link: https://www.econbiz.de/10011608291
This paper deals with the cost efficiency of target-based voluntary agreements for reducing industrial pollution. These agreements are contracts between a public body and an industrial association including the collective commitment of the industrial sector to reach a pollution abatement...
Persistent link: https://www.econbiz.de/10011608292
. The paper surveys the market failures theory revisionism as initiated by Coase (1960) and developed in the law and …
Persistent link: https://www.econbiz.de/10011608294
Recently, attention has turned to the use of voluntary agreements between regulators and polluters as an alternative to mandatory approaches based on regulation or legislation. Voluntary agreements have the potential to reduce compliance costs by allowing greater flexibility and to reduce...
Persistent link: https://www.econbiz.de/10011608295
Voluntary agreements with polluting industries are becoming a popular alternative to traditional environmental regulation. One reason may be that voluntary agreements can reduce compliance costs of polluting industries. In this paper we develop a family of simple policy formulation and...
Persistent link: https://www.econbiz.de/10011608297
classical approaches of regulation, particularly the regulatory capture theory and its agency-theory extensions. An explanation … theoretical and dynamic perspectives : H1 : an "operational" theory of legal regulation ; H2 : market transactions seen as …
Persistent link: https://www.econbiz.de/10011608298
Voluntary Agreements (VAs) are becoming increasingly prominent in many countries as a policy instrument for achieving improvements in the environmental performance of industry. They aim to encourage industry led initiatives to set and meet environmental goals, to raise the environmental profile...
Persistent link: https://www.econbiz.de/10011608300
This paper describes the fiscal structure of a community as an equilibrium of a non-cooperative game where members of different pressure groups - characterised by conflicting interests - compete to get distributive gains. Their interaction is regulated by a constitution which sets the electoral...
Persistent link: https://www.econbiz.de/10011608302