The 1990 Clean Air Act Amendments stipulated gasoline content requirements for metropolitan areas with air pollution levels above predetermined federal thresholds. The legislation led to exogenous changes in the type of gasoline required for sale across U.S. metropolitan areas. This paper uses a...

This paper studies the incentives facing Potentially Responsible Parties at a hazardous waste site to promote excessive investigation of the site and thus postpone the beginning of the remediation phase of the cleanup. We model the problem as an incomplete information, simultaneous-move game...

Space matters not only because of the transportation costs it imposes on the economy but also because it can serve as an effective instrument to control pollution damages. Previous models of pollution either disregard space altogether or presume a predetermined separation between polluters and...