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with random audit, penalties or financial compensations depending on the environmental effort of the farmer, could be … another alternative for Society. The relevance of such an audit policy depends on the reliability of the informations given by … groundwater pollution by agricultural activities. We also describe the main features of the audit system adopted in some water …
Persistent link: https://www.econbiz.de/10011272277
with random audit, penalties or financial compensations depending on the environmental effort of the farmer, could be … another alternative for Society. The relevance of such an audit policy depends on the reliability of the informations given by … groundwater pollution by agricultural activities. We also describe the main features of the audit system adopted in some water …
Persistent link: https://www.econbiz.de/10011275725
This paper examines a game-theoretical model of parimutuel betting markets with asymmetric information. Generically, all Bayesian-Nash equilibria of the simultaneous game are characterized depending on the number of bettors and the quality of their private information. An equilibrium where all...
Persistent link: https://www.econbiz.de/10005385264
In this general equilibrium model, justice and police institutions are treated as a mechanism that induces individuals to extend some desirable productive effort. This determines individual encroachment activities which in turn determine the proportion of aggregate production that fails to be...
Persistent link: https://www.econbiz.de/10005100938
In this paper, the term multi-purpose water infrastructure (MPWI) encompasses all man-made water systems, including dams, dykes, reservoirs and associated irrigation canals and water supply networks, which may be used for more than one purpose (for economic, social and environmental activities)....
Persistent link: https://www.econbiz.de/10011695456
This thesis consists of four self-contained papers, which are all related to important environmental and natural resource issues from a developing country perspective. Paper [I] concerns climate policy and addresses the potential welfare gains of introducing a technology transfer from the North...
Persistent link: https://www.econbiz.de/10005198014
Regulating externalities from the use of common resources is often hampered by the regulator's inability to accurately observe individual firms' resource use. Allocating resource use through taxes on aggregate use, which often can be observed, has been suggested (Segerson, 1988); however, these...
Persistent link: https://www.econbiz.de/10012101032
This paper derives optimal bribes to reduce upstream transfrontier emissions in the presence of asymmetric information on the polluter's concern for the environment. In a model in which the starting point for the negotiations on emission reduction is a Cournot-Nash equilibrium, it is shown that...
Persistent link: https://www.econbiz.de/10014141049
This paper derives optimal bribes to reduce upstream transfrontier emissions in the presence of asymmetric information on the polluter's concern for the environment. In a model in which the starting point for the negotiations on emission reduction is a Cournot-Nash equilibrium, it is shown that...
Persistent link: https://www.econbiz.de/10014141187
The following is a description of the paper, and not the actual abstract as it appeared in the journal. In this paper we analyze the problem faced by an asymmetrically informed supra-national governmental authority (SNGA) who wishes to design an International Environmental Agreement (IEA). We...
Persistent link: https://www.econbiz.de/10014066044