This article presents experimental tests of a linear and a nonlinear ambient tax mechanism that involve modest information requirements for the regulator. When agents are not allowed to communicate, both tax mechanisms result in emission levels that approximate the social optimum. When agents...

This volume addresses a wide range of issues pertaining to the presence of risk in environmental policy. Topics include individual perceptions of risk, the valuation of environmental risks, the reporting and discussion of risks in the media, alternative government roles in addressing...