We develop a multiple-firm model of an industry's voluntary adoption of environmental protection measures to achieve a predetermined industry-wide emissions reduction target under an explicit threat of imposition of an emissions tax. We examine the free-riding incentive of individual firms and...

This paper analyses the conditions under which a group of firms has the incentive to sign a Voluntary Agreement (VA) in order to control its emission flows even in the presence of free-riding by other firms in the industry. For the purpose of this paper it is assumed that free-riders cannot be...

The implementation of voluntary adoption of the Code of Conduct (CoC) to promote environmental responsibility and sustainable development of Thai shrimp industry is examined. Farmers’ perceived- benefits, risks and uncertain-ties associated with the adoption and their perceived extra fixed...

There is an increasing interest in the use of voluntary approaches to environmental protection as an alternative to more traditional regulatory approaches. In many cases, entire industries are faced with possible imposition of costly environmental policies if environmental goals are not met...

The implementation of voluntary adoption of the Code of Conduct (CoC) to promote environmental responsibility and sustainable development of Thai shrimp industry is examined. Farmers' perceived- benefits, risks and uncertain-ties associated with the adoption and their perceived extra fixed cost...