This paper characterizes environmental regulations which induce polluting Bertrand competitors to invest efficiently in environmental R&D. Post-innovation benefits to raising rivals' costs provide firms with incentives to innovate. Although optimal behavior cannot be elicited with pollution...

This article develops a spatial model of regional livestock production and three attendant environmental effects: spills from animal waste stores; nutrient runoff due to the application of manure to croplands; and direct ambient pollution, including odors, pests, and gases. Assuming that neither...

This article presents an empirical study of population growth and environmental change using cross-section district-level data from South, Central, and West India. Environmental change is measured using a satellite-based vegetation index. Unlike prior work, the analysis treats population growth...

This paper presents an empirical study of population growth and environmental change using cross-section district-level data from South, Central and West India. Environmental change is measured using a satellite-based "greenness" index. Unlike prior work, the analysis treats population and...

This paper studies an enforcement game between a regulator and firms that can cause harmful accidents. The distribution of potential accident damage is private information to the firms, and realized damage can be observed only at the cost of going to court. Under conditions described in the...

This article studies the design of farm policy in the presence of asymmetric information about farmers' productivity, a government objective to insure farmers a minimum "parity" income, an endogenous land rent, and diminishing returns on alternative (nonprogram crop) land uses. In this setting,...

This chapter studies second-best models of nutritional externalities, credit, and incomplete markets for risk, developing implications for welfare-improving government policy using primitive economic building blocks. Using a simple model of altruism wherein the rich obtain utility from the...

Building on recent work of Pitchford and Snyder (PS, 2003), this article models effects of alternative property rights regimes on sequential location decisions of two players. A new resident decides whether to “come to the nuisance” by locating next to an existing business or to locate...