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This paper extends a previous analysis by Franckx (2001). 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, on the one hand, imposing the maximal...
Persistent link: https://www.econbiz.de/10005503920
We consider an inspection game between an arbitrary number of polluting firms and an agency who can choose to monitor ambient pollution. We obtain an equilibrium where all firms comply with the same probability and where the inspection agency inspects all firms individually if ambient pollution...
Persistent link: https://www.econbiz.de/10005503939
We consider an environmental inspection agency who credibly commits to a permanent observation of ambient pollution at the property line of individual firms. In this setting, standard results in the theory of repeated games generalize to enforcement games. The inspection agency obtains partial...
Persistent link: https://www.econbiz.de/10005808094
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/10011597940
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 consider an inspection game between polluting firms and an environmental enforcement agency that can inspect ambient pollution before inspecting individual firms. We assume that the enforcement agency's objectives do not perfectly correspond with the objectives of the legislative body who...
Persistent link: https://www.econbiz.de/10005579720
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/10005684316