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We consider an inspection game between $n$ polluting firms and an environmental enforcement agency. If the cost of monitoring ambient pollution is low enough, the optimal inspection policy consists in imposing the maximal possible fine, and mixing between observing ambient pollution and not...
Persistent link: https://www.econbiz.de/10011335754
We provide causal evidence on how date marking policies influence consumers' valuation of perishable food products through three consecutive research steps. In a preparatory in-store survey (n = 100), we identify perishable food items that can be experimentally manipulated to overcome core...
Persistent link: https://www.econbiz.de/10012545957
This paper addresses the issue of whether the powers of monitoring compliance and allocating tradeable emissions allowances within a federation of countries should be appointed to a unique federal regulator or decentralized to several local regulators. To this end, we develop a two stage game...
Persistent link: https://www.econbiz.de/10010279407