Showing 81 - 90 of 162
Two methods for pricing an externality -taxes and strict liability- are modeled as lobbying contests with endogenous numbers of participants. In the tax contest, a regulator is susceptible to lobbying by polluters and victims. Under liability, the court's view is affected by legal representation.
Persistent link: https://www.econbiz.de/10005671201
It has been widely argued that tort law can provide an effective decentralizes mechanism by which a socially optimal level of externality control can be achieved. I reconsider this argument in the very common situation in which there are multiple contributors to an incident of external damages,...
Persistent link: https://www.econbiz.de/10005671225
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...
Persistent link: https://www.econbiz.de/10005780481
This paper has examined the different approaches used by courts to adjudicate liability when two or more individuals jointly cause the external damages.
Persistent link: https://www.econbiz.de/10005780483
It has been widely argued that tort law can provide an effective decentralizes mechanism by which a socially optimal level of externality control can be achieved. I reconsider this argument in the very common situation in which there are multiple contributors to an incident of external damages,...
Persistent link: https://www.econbiz.de/10005729402
Persistent link: https://www.econbiz.de/10005775479
Persistent link: https://www.econbiz.de/10007633374
This paper has examined the different approaches used by courts to adjudicate liability when two or more individuals jointly cause the external damages.
Persistent link: https://www.econbiz.de/10005170667
It is to be expected that rational peole defend themselves against pollution externalities, at the very least through spatial separation from the source. Bu even in the simplist models, defensive generates nonconvexities, multiple optima, and inconclusive policy guidance. This calls into...
Persistent link: https://www.econbiz.de/10005486575
It is observed that many regulations specify the ratio of two variables, rather than the level of a single variable. This paper considers the design of such regulations.
Persistent link: https://www.econbiz.de/10005486592