Hansen, Lars; Jensen, Frank; Nøstbakken, Linda - In: Environmental & Resource Economics 58 (2014) 4, pp. 539-562
concern about their basic effectiveness due to non-compliance. We develop an enforcement model of a quota-regulated resource … and focus on a situation with significant non-compliance and exogenous constraints on fines and enforcement budget. We … depending on compliance history. We use differentiated inspections to induce firms to self-report excess extraction. This system …