This model explicitly incorporates the dynamic aspects of conservation programs with incomplete compliance and it allows landholders’ behavior to change over time. A distinction is made between initial and continuing compliance. We find that incomplete and instrument-specific enforcement can...

According to Becker (1968) it is best to use very high fines and low inspection probabilities to deter traffic accidents because inspection is costly. This paper uses a political economy model to analyse the choice of the fine and the inspection probability. There are two lobby groups: the...

This report examines possible post-Kyoto options for Belgium. Climate change is coming up again at the top of the policy agenda with the decision of the European Commission to reduce its GHG emissions by 20% by 2020. The analysis is done with the MARKAL/TIMES model, a partial equilibrium model...

Firms’ compliance decisions are expected to be strongly influenced by the expected fine for non-compliance with environmental regulations. In this paper we measure the effect of the probability of inspection and the size of the fine – jointly and separately – on the compliance decisions...

This paper studies the welfare implications of using market mechanisms to allocate transmission capacity in recently liberalized electricity markets. It questions whether access to this essential facility should be traded on a market, or whether the incumbent should retain exclusive usage...

Using an online survey, we have asked the researchers in the field of environmental and resource economics how they themselves would rank a representative list of journals in their field. The results of this ranking are then compared to the ordering based on the journals’ impact factors as...