We evaluate the factors that influence the reported level of pollution and those referred to the compliance with the payment of discharge fees from sources regulated under the Colombia’s Discharge Fee Program. The analysis uses a data set that contains information at plant level and considers...

Using a series of laboratory economic experiments, we study the effect of information regarding the amount of the fine on the individual decision to violate an emission standard. Specifically, the analysis considers variations in the information available for the regulated subjects regarding the...

This article analyzes the impact of market power on a transferable emissions permit system (TEPS). The application is carried out for the case of the "Programa de Compensación de Emisiones" in the city of Santiago, Chile, using data for 1997. In addition

We study individual compliance behavior with respect to a legal norm in an experimental setting under two different regulatory instruments: emission standards and tradable pollution permits. Compliance to the same set of standards and expected permit holdings was induced with different...