Arvind, Magesan; A, Turner Matthew - In: The B.E. Journal of Economic Analysis & Policy 10 (2010) 1, pp. 1-30
This paper considers the problem of an imperfectly informed regulator constrained in his choice of environmental regulation by the political opposition of those affected by the policy. We compare the value of two types of information to the regulator: the social cost of pollution and the...