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Iancu, Aurel - 2009

In this chapter, we describe the essence and role of the institutions in the modern economic systems, the main issues concerning the institutional convergence in relation to the EU integration, the institutional capital and the impact of the quality and effectiveness of the institutions on...

Persistent link: https://www.econbiz.de/10010527399

Transition, integration and convergence - The case of Romania -

Iancu, Aurel - 2010

This volume comprises several studies and papers published in the last decades. They have been selected and ranged so that to provide a minimum of coherence concerning the phases which Romania has crossed in her way to the advanced socio-economic system of European type: transition to the market...

Persistent link: https://www.econbiz.de/10010527415

Should We Impose Emissions Taxes That Firms Evade?

Stranlund, John K. - 2010

designs. Thus, the circumstances under which it is efficient to implement policies that do not motivate full compliance appear …, and the costs of dealing with the added regulatory uncertainty that is produced by imperfect compliance. …

Persistent link: https://www.econbiz.de/10011162969

Risk Aversion and Compliance in Markets for Pollution Control

Stranlund, John K. - 2006

This paper examines the effects of risk aversion on compliance choices in markets for pollution control. A firm …

Persistent link: https://www.econbiz.de/10005687121

A Laboratory Investigation of Compliance Behavior under Tradable Emissions Rights: Implications for Targeted Enforcement

Murphy, James J.; Stranlund, John K. - 2005

compliance behavior under fixed emissions standards. As expected, we find significant differences between compliance behavior …

Persistent link: https://www.econbiz.de/10005687122

The Optimal Pricing of Pollution When Enforcement is Costly

Stranlund, John K.; Chavez, Carlos A.; Villena, Mauricio G. - 2007

induces full compliance by every firm. This holds whether or not regulators have complete information about firms’ abatement … costs, the costs of monitoring them for compliance, or the costs of collecting penalties from noncompliant firms. Moreover …

Persistent link: https://www.econbiz.de/10005162687

An Investigation of Voluntary Discovery and Disclosure of Environmental Violations Using Laboratory Experiments

Murphy, James J.; Stranlund, John K. - 2005

the fine for disclosed violations and the assumption that firms know their compliance status without cost. When firms have … to expend resources to determine their compliance status, motivating a significant number of violation disclosures yields …

Persistent link: https://www.econbiz.de/10005162696

The Regulatory Choice of Noncompliance in Emissions Trading Programs

Stranlund, John K. - 2006

emissions trading programs be designed and implemented to achieve full compliance, or does allowing a certain amount of … penalty. However, one can design a policy that induces full compliance with a constant marginal penalty that meets the …

Persistent link: https://www.econbiz.de/10005162697

Imperfect Enforcement of Emissions Trading and Industry Welfare: A Laboratory Investigation

Stranlund, John K.; Murphy, James J.; Spraggon, John M. - 2008

This paper uses laboratory experiments to investigate the performance of emission permit markets when compliance is … predicted values when these values were predicted to be low. Thus, although a standard model of compliance with emissions …

Persistent link: https://www.econbiz.de/10005162700

The Problem of Maintaining Compliance within Stable Coalitions: Experimental Evidence

McEvoy, David M.; Murphy, James J.; Spraggon, John M.; … - 2008

public good) when their members must finance enforcement relative to when compliance is ensured without the need for costly … requiring them to finance enforcement to maintain compliance reduces the overall provision of the public good. The decrease in …

Persistent link: https://www.econbiz.de/10005162701