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L’objectif de ce travail est double. Premièrement, à l’aide de modélisations théoriques, nous proposons plusieurs prédictions liées au comportement d’assurance face à différents programmes d’intervention publique et à l’ambiguïté. Deuxièmement, nous testons ces prédictions...
Persistent link: https://www.econbiz.de/10011141576
The implementation of nature conservation policy is often based on contracts between public authorities and landowners. In this article, we model incentive contracts in forest areas in the presence of adverse selection and moral hazard when the conservation outcome is uncertain ex ante but...
Persistent link: https://www.econbiz.de/10011141621
Non-timber benefits (NTBs) are increasingly being compared with timber values in the crafting of multifunctional forest policies. Since most NTBs are non-marketable goods, special valuation methods are developed for their evaluation. Due to cost and time requirements, it is neither feasible nor...
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[eng] Governments are striving to introduce policies to combat the environmental and health repercussions of pollution problems such as atmospheric and groundwater pollution. However, a cost-benefit analysis is required before any environmental policy can be implemented. The problem is how to...
Persistent link: https://www.econbiz.de/10008554858
There is extensive literature on whether courts or legislators produce efficient rules, but which of them produces rules efficiently? The law is subject to uncertainty ex ante; uncertainty makes the outcomes of trials difficult to predict and deters parties from settling disputes out of court. In...
Persistent link: https://www.econbiz.de/10010325161
Formal and informal institutions are often viewed as complements or substitutes in empirical and theoretical works. However, no evidence of complementarities or substitutes is found in our empirical analysis of the interrelation between formal and informal decentralization across 64 provinces of...
Persistent link: https://www.econbiz.de/10010325617