Punishment in a regulatory setting: experimental evidence fro the VCM

Article Abstract:

The authors find that past punishment has a negative effective on compliance, and that severity of punishment has a greater effect than probability.

Science & research, Research, Punishment, Environmental law

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Transaction costs in tradable permit markets: an experimental study of pollution market designs

Article Abstract:

Regulations rather than transaction costs have a greater effect on the total costs of emissions trading programs.

Emissions credit trading, Emissions trading, Environmental permits

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Pollution abatement as a barrier to entry

Article Abstract:

The authors show that regulated environmental cleanup does indeed become a barrier to entry of new firms.

Environmental aspects, New business enterprises, Startups, Environmental remediation

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