Using a series of laboratory economic experiments, we study the effect of information regarding the amount of the fine on the individual decision to violate an emission standard. Specifically, the analysis considers variations in the information available for the regulated subjects regarding the...

We study individual compliance behavior with respect to a legal norm in an experimental setting under two different regulatory instruments: emission standards and tradable pollution permits. Compliance to the same set of standards and expected permit holdings was induced with different...

This paper studies the long term relationship between economic growth and income distribution in Uruguay during the XX Century, trying to capture the global economic road and social process. There is not evidence for an unique pattern in the relationship between the income distribution and the...

We present students of different careers from the University of Montevideo (Uruguay) to a hypothetical situation in which, as vice-president of a company, have to make a decision that involves a trade-off between economic benefits and number of employees fired. The paper is a replica of the...

Recent analysis on the cost-effectiveness of inducing perfect compliance in cap and trade programs is based on the possibility that a regulator has of inducing each individual firm to emit the same level of pollution by altering the supply of permits and the monitoring probability according to...

This study explores the impact of air pollution on adverse birth outcomes. The study focuses on the effect of breathable particulate matter with diameter of 10 micrometers or less (PM10) on the likelihood of premature birth and low birth weight (LBW). The study exploits the fact that in 2011 the...

We study the problem of a regulator who must control the emissions of a given pollutant from a series of industries when the firms' abatement costs are unknown. We develop a mechanism in which the regulator asks firms to report their abatement costs and implements the most stringent emissions...

I review the few programs implemented in Latin America to control pollution with direct economic instruments and draw general lessons for the future implementation of these instruments in the region. The available evidence suggests that a combination of low capacities and political economy...

This article analyzes the impact of market power on a transferable emissions permit system (TEPS). The application is carried out for the case of the "Programa de Compensación de Emisiones" in the city of Santiago, Chile, using data for 1997. In addition