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This paper builds a bridge between certain of the most basic principles of economics and those of evolutionary biology. It begins by extending Ronald Coase’s “The Nature of the Firm” to an investigation of how, as their environment evolves, species achieve adaptive efficiency by...
Persistent link: https://www.econbiz.de/10014351325
Part 1 Explicit economic incentives designed to increase contributions to public goods and to promote other pro-social behavior sometimes are counterproductive or less effective than would be predicted among entirely self-interested individuals. This may occur when incentives adversely affect...
Persistent link: https://www.econbiz.de/10011007719
Part 2 In the second part of the paper concrete forms and examples of the effects of incentives on the social preferences are shown and experiments are described where these effects occur. The authors claim that the negative consequences of the incentives are connected less to the incentives...
Persistent link: https://www.econbiz.de/10010860887
Explicit economic incentives designed to increase contributions to public goods and to promote other pro-social behavior sometimes are counterproductive or less effective than would be predicted among entirely self-interested individuals. This may occur when incentives adversely affect...
Persistent link: https://www.econbiz.de/10010611113
In the past, environmental decision making has been based on analysis of policy options with respect to emission reduction, deposition or concentration of pollutants and the design of preventive strategies using disparate single-model and discipline results. It was impossible to obtain optimal...
Persistent link: https://www.econbiz.de/10005835652
The 1990 Canadian long-range transport of air pollutants and acid deposition report divided North America into 40 sources of emission and 15 sensitive receptor sites. For the purpose of national policy making and international negotiation, the use of these large sources and few receptors may...
Persistent link: https://www.econbiz.de/10005835921
In the past environmental management practices have been based on disparate analysis of the impacts of pollutants on selected components of ecosystems. However, holistic analysis of emission reduction strategies is necessary to justify that actions taken to protect the environment would not...
Persistent link: https://www.econbiz.de/10005836399
In the past environmental management practices have been based on disparate analysis of the impacts of pollutants on selected components of ecosystems. However, holistic analysis of emission reduction strategies is necessary to justify that actions taken to protect the environment would not...
Persistent link: https://www.econbiz.de/10005837527
New Zealand, as a resource-based economy anxious to protect and promote its clean-and-green image, appropriately sees green growth as a natural direction for future development. The country’s environment is of high quality, and depletion of its abundant natural resources is for the most part...
Persistent link: https://www.econbiz.de/10009321198
Environmental information disclosure strategies, which involve corporate attempts to increase the availability of information on pollution and emissions, can become a basis for a new wave of environmental protection policy that follows and has the potential to complement traditional command and...
Persistent link: https://www.econbiz.de/10009275453