In this paper, we evaluate the influence of two environmental policy levers on emissions in the metal-finishing industry: a voluntary program--the Strategic Goals Program (SGP)--and the threat of formal regulation. While voluntary approaches are increasingly utilized as policy tools, the...

We estimate the value of information (VOI) for three key parameters of climate integrated assessment models (IAMs): marginal damages at low temperature anomalies, marginal damages at high temperature anomalies, and equilibrium climate sensitivity. Most empirical studies of climate damages have...