Firms sometimes comply with externality-correcting policies by gaming the measure that determines policy. We show theoretically that such gaming can benefit consumers, even when it induces them to make mistakes, because gaming leads to lower prices by reducing costs. We use our insights to...

Firms sometimes comply with externality-correcting policies by gaming the measure that determines policy. We show theoretically that such gaming can benefit consumers, even when it induces them to make mistakes, because gaming leads to lower prices by reducing costs. We use our insights to...

Im Rahmen der regionalisierten Strukturpolitik hat die Landesregierung Nordrhein-Westfalen seit 1994 Projekte gefördert, die auf eine enge Verzahnung zwischen regionaler und sektoraler Strukturpolitik abzielen. Insgesamt wurden durch diesen "verbundspezifischen" Ansatz 35 Einzelprojekte in den...