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Pollution permits and compliance strategies

Article Abstract:

Excessive incentives from investments are induced by stand-alone spot markets because the optimal price of pollution permits exceeds the overall budget deficit. The loss of monopoly mark-up of private monopolies is not internalized by the customers when the monopolies invest to forgo consumption of the monopolized good. Futures market can be introduced to reduce the incentive to overinvest. Investments in pollution-abating technologies lead to a reduction in pollution levels and prices of pollution permits.

Author: Laffont, Jean-Jacques, Tirole, Jean
Publisher: Elsevier B.V.
Publication Name: The Journal of Public Economics
Subject: Government
ISSN: 0047-2727
Year: 1996
Administration of Air and Water Resource and Solid Waste Management Programs, Pollution Control NEC, Analysis, Pollution, Control, Pollution control, Futures, Spot market, Environmental permits

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Compensation and the reform of incentive schemes in the regulated sector

Article Abstract:

The author details situations in which employee incentives are positive in regulated business enterprises.

Author: Boyer, Marcel
Publisher: Elsevier B.V.
Publication Name: The Journal of Public Economics
Subject: Government
ISSN: 0047-2727
Year: 2003
Science & research, Research, Wages, Wages and salaries, Salary

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Competition and the reform of incentive schemes in the regulated sector

Article Abstract:

An examination of incentive schemes in the UK public sector is provided.

Author: Laffont, Jean-Jacques, Boyer, Marcel
Publisher: Elsevier B.V.
Publication Name: The Journal of Public Economics
Subject: Government
ISSN: 0047-2727
Year: 2003
United Kingdom, Personnel administration, Case studies, Compensation and benefits, Public sector, Correction Notice

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Subjects list: Employee incentives
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