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We study the regulation of a morally responsible agent in the context of a negative consumption externality and … taxe rate may increase the market failure due to motivation crowding. Provision of information is efficient only in very … specific cases but may be effective in reducing the extent of market failure. A complementary tax-and-information policy …
Persistent link: https://www.econbiz.de/10010294483
Aufgabe darin besteht, glaubwürdige Information für Investoren bereitzustellen. Drei Determinanten der Instabilität werden …
Persistent link: https://www.econbiz.de/10010303746
evaluation such regulations. I argue that, for market performance, more information is not always better; indeed, more … information may undermine market performance by facilitating behaviour that is either not cost efficient or aims at exercising … competitive market outcome does not require general access to information at a very detailed level or with a high degree of …
Persistent link: https://www.econbiz.de/10010330208
This paper provides an economic evaluation of certification and ecolabeling as an important policy instrument for creating markets for biodiversity. In the paper we conclude that the success of a policy instrument for creating markets for biodiversity depends on the nature crucial factors,...
Persistent link: https://www.econbiz.de/10011608834
or with asymmetric information or in case of conflicting objectives between the regulator and local governments.  …
Persistent link: https://www.econbiz.de/10014619177
laboratory, information about health effects leads to a statistically significant decrease (increase) in the willingness to pay …-unit subsidy on sardines without any information revealed to consumers lead to the highest welfare, because both the tax and … subsidy directly internalize health characteristics. The information policy combined with a per-unit tax on tuna and a per …
Persistent link: https://www.econbiz.de/10009445078
think about information as well as market discipline and discuss policy implications and proposals for regulation. …The aim of this paper is to examine what has been the role of information provision to the market throughout the crisis …. We consider two main sources of information to the market, financial statements and information provided by credit rating …
Persistent link: https://www.econbiz.de/10010308575
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