The paper reconsiders arguments raised from the viewpoint of competition policy against Germany’s centralized Dual Management System for Packaging Waste Collection and Recycling. It is argued that centralization is the result of a basic principle of German waste management policy, namely, the...

Der Beitrag vergleicht zwei Instrumente zur Implementation der Produktverantwortung bei der Altautoentsorgung: eine für den Letztbesitzer entgeltfreie Rücknahmeverpflichtung des Herstellers, wie sie insbesondere vom deutschen Regulator favorisiert wurde, mit einer Regel der partiellen...

By analyzing Germany's voluntary Dual Management System for Packaging Waste Collection and Recycling (DSD), the paper highlights two aspects crucial for assessing voluntary environmental agreements from an antitrust viewpoint. First, specific features of DSD's governance structure are argued to...

The paper argues that the existing German and American liability rules for the cleanup of Superfund sites do not generate incentives to reveal private information on the existence of a contaminated site. It presents a infinite-horizon dynamic model of imperfect information and shows that such...

The paper takes the viewpoint of the neoinstitutional theory of the firm to analyse Germany's voluntary Dual Management System for Packaging Waste Collection and Recycling (DSD); namely, its governance structure and its contractual relations with upstream and downstream firms. Two aspects...

The paper reconsiders the Porter hypothesis in an offer/counter-offer bargaining model, in which a welfare-maximising regulator and an industry representative negotiate over which regulatory instrument to apply with which stringency. The possibility to contest planned regulation in the political...