The polluter pays versus the pollutee pays principle under assymetric information

Article Abstract:

A study of the economics aspects of the liability for pollution damages showed that both the 'Polluter Pays' and the 'Pollutee Pays' principles both generate information asymettries that favors the party with property rights. This is due to the effect of private information, which can be used to increase subsidies for lowering pollution, as well as the voluntary arrangements which can affect the transfer of liability.

Administration of Air and Water Resource and Solid Waste Management Programs, Pollution Control & Abatement, Models, Laws, regulations and rules, Pollution, Pollution control, Environmental protection, Toxic torts

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Stochastic trends and structural breaks in the intensity of metals use

Article Abstract:

A study is presented which provides an examination of innovations in the association between metals demand and economic activity. An investigation determines the nature of the innovations, and whether they are transitory or have persistence.

Research, Innovations, Prices and rates, Supply and demand, Metal industries, Petroleum industry, Metals, Metals (Materials), Environmental economics, Metal industry

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