This paper lays out a framework for predicting the agricultural losses caused by an impeding invasion of a non-native species and for estimating the total economic impacts associated with the invasion, including direct, indirect and induced economic impacts. Along with the establishment of...

As one of the most challenging environment issues worldwide, climate change has posed a serious threat to habitat, species, and people’s livelihoods. In this study, a disaggregated-sector cross-region emission mitigation model is developed to systematically analyze enviro-economic effects of...

When a firm is regulated by multiple environmental programs, the firm may manage its compliance with these programs systematically so that the regulation of one program can affect firm decisions regarding compliance with other programs. This paper examines the existence and the nature of such...

We develop a targeting enforcement mechanism in the context of fixed inspection capacity due to budget constraint. A fixed number of firms are selected for inspection and those with the highest emissions are targeted with higher inspection probability. This structure induces dynamic rank-order...

We model the optimal design of programs requiring heterogeneous firms to disclose harmful emissions when disclosure yields both direct and indirect benefits. The indirect benefit arises from the internalization of social costs and resulting reduction in emissions. The direct benefit results from...

Using a unique facility-level dataset from Michigan, we examine the effect of environmental auditing on manufacturing facilities’ long-term compliance with U.S. hazardous waste regulations. We also investigate the factors that affect facilities’ decisions to conduct environmental audits and...

In this paper I model the optimal monitoring and enforcement strategy when inspection capacity is fixed by budget or manpower constraints. I adopt a leverage enforcement structure that classifies firms into two groups with different enforcement intensities. Optimal monitoring and enforcement...

We explore how limits to our insight on the underlying decision-making structure of regulated entities may affect the conclusions we draw about the likely impacts of environmental policies, with a focus on environmental auditing. We examine the conditions under which a multi-facility firm...

When a firm is regulated by multiple environmental programs, the firm may manage its compliance with these programs systematically so that the regulation of one program can affect firm decisions regarding compliance with other programs. Faced with budget constraints on compliance expenditure, a...

When a firm is regulated under multiple environmental programs, its compliance behavior under these programs can be complementary or substituting—regulations of one program either increase or decrease firm compliance with other programs. This paper examines the existence and the nature of such...