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Contemporary research shows consumers are willing to pay a premium for eco-friendly products, suggesting eco-labels and other information-based policies may be an alternative to market-based policy tools. Emission taxes and tradable permits incentivize pollution reduction through monetary...
Persistent link: https://www.econbiz.de/10013215005
Regulating an export firm (or a homogeneous industry) with private information about emission technology is analysed, when the firm, owned partly by foreigners, has an option to bypass domestic regulation through costly relocation. If the firm chooses to relocate, it will set up a new plant in a...
Persistent link: https://www.econbiz.de/10010284476
We analyse environmental policy under asymmetric information in a context where a homepolluting firm, selling its final output solely in a foreign market with some market power, has an option to bypass domestic regulation through setting up new plants in a jurisdiction offering lenient...
Persistent link: https://www.econbiz.de/10010284459
This articles studies the optimal tax mix (taxes on income and commodities) under asymmetric information in a two-type model, when individuals make relative consumption comparisons. The model includes both positional and nonpositional goods, taking into account the fact that relative concerns...
Persistent link: https://www.econbiz.de/10010294915
Green tax reform is unpopular because, typically, the poor are hurt most by the higher prices of carbon-intensive commodities. If revenues from a carbon tax are recycled, it may be feasible to gain popular support for green tax reform. To investigate this, we estimate an EASI demand system from...
Persistent link: https://www.econbiz.de/10012668336
This articles studies the optimal tax mix (taxes on income and commodities) under asymmetric information in a two-type model, when individuals make relative consumption comparisons. The model includes both positional and nonpositional goods, taking into account the fact that relative concerns...
Persistent link: https://www.econbiz.de/10011344843
This paper derives optimal bribes to reduce upstream transfrontier emissions in the presence of asymmetric information on the polluter's concern for the environment. In a model in which the starting point for the negotiations on emission reduction is a Cournot-Nash equilibrium, it is shown that...
Persistent link: https://www.econbiz.de/10014141049
This paper derives optimal bribes to reduce upstream transfrontier emissions in the presence of asymmetric information on the polluter's concern for the environment. In a model in which the starting point for the negotiations on emission reduction is a Cournot-Nash equilibrium, it is shown that...
Persistent link: https://www.econbiz.de/10014141187
Environmental policy often has to be devised under informational constraints, like uncertainty and asymmetric information. We consider an environmental policy that aims at reducing the welfare losses caused by asymmetric information while being sufficiently simple for implementation. In this...
Persistent link: https://www.econbiz.de/10003667308
Environmental policy often has to be devised under informational constraints, like uncertainty and asymmetric information. We consider an environmental policy that aims at reducing the welfare losses caused by asymmetric information while being sufficiently simple for implementation. In this...
Persistent link: https://www.econbiz.de/10011390636