Showing 1 - 6 of 6
Persistent link: https://www.econbiz.de/10005290960
This article presents experimental tests of a linear and a nonlinear ambient tax mechanism that involve modest information requirements for the regulator. When agents are not allowed to communicate, both tax mechanisms result in emission levels that approximate the social optimum. When agents...
Persistent link: https://www.econbiz.de/10005295240
Persistent link: https://www.econbiz.de/10009392468
This paper presents a simple computational method for measuring the difference of independent empirical distributions estimated by bootstrapping or other resampling approaches. Using data from a field test of external scope in contingent valuation, this complete combinatorial method is compared...
Persistent link: https://www.econbiz.de/10009392860
This article presents experimental tests of a linear and a nonlinear ambient tax mechanism that involve modest information requirements for the regulator. When agents are not allowed to communicate, both tax mechanisms result in emission levels that approximate the social optimum. When agents...
Persistent link: https://www.econbiz.de/10009394236
This article considers the regulation of nonpoint source water pollution through the use of a voluntary-threat approach, which allows a polluter group to meet a standard voluntarily but imposes an ambient tax upon noncompliance. In particular, we develop an "endogenous" voluntary-threat approach...
Persistent link: https://www.econbiz.de/10008675516