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In this paper we analyse a setup where consumers are heterogeneous in the perception of environmental quality. The equilibrium is verified in a setting with horizontal and vertical (green) differentiation. Profits are increasing in the misperception of quality, while, the investment in green...
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with air and water pollution. Finally, the paper examines whether environmental monitoring through inspections leads to …
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This study examines the impact of mandatory environmental information disclosure (EID) enforcement in China on …
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