Emissions charge and asymmetric information: consistently a problem?
Article Abstract:
An evaluation of firm responses to clean up directives reveals that a firm would try to reconstruct regulator calculations of clean-up costs in order to maximize under reporting of costs. Requirements for a firm to pay marginal clean-up costs according to reported data would make underreporting 'unbounded' and thus prone to firm manipulations to a point where a firm pays zero to regulators.
Publication Name: Journal of Environmental Economics and Management
Subject: Environmental services industry
ISSN: 0095-0696
Year: 1997
User Contributions:
Comment about this article or add new information about this topic:
Regulating pollution under asymmetric information: the case of industrial wastewater treatment
Article Abstract:
A new study evaluates the regulation of water pollution using data from contracts between a French water agency and individual polluters.
Publication Name: Journal of Environmental Economics and Management
Subject: Environmental services industry
ISSN: 0095-0696
Year: 1995
User Contributions:
Comment about this article or add new information about this topic:
- Abstracts: Toxics release information: a policy tool for environmental protection. An econometric model of the regulated emissions for fuel-efficient new vehicles
- Abstracts: Adaptive cost-effective ambient charges under incomplete information. A discrete-count model of recreational demand
- Abstracts: Compost site comes back from the brink. Sampling for airborne contaminants. Aspergillus in compost: straw man or fatal flaw?
- Abstracts: Odor policy for composting facilities. Odor and air management strategy for biosolids composting
- Abstracts: Puerto Rico grinds through hurricane debris. Milling option for urban trees. Recycled wood and plastic composites find markets