Showing 1 - 10 of 606
This article considers whether communication can improve the efficacy of incentive mechanisms designed to correct the problem of moral hazard in groups. In particular, we use experimental economics methods to study environmental targeting instruments proposed by Segerson (1988) for regulating a...
Persistent link: https://www.econbiz.de/10005568406
In this paper we build on a voluntary mechanism introduced by Segerson and Wu (2006) that uses the threat of an ambient tax to induce nonpoint source polluters to reduce emissions. In addition to reviewing Segerson and Wu's policy, we propose a new voluntary/threat policy that offers some...
Persistent link: https://www.econbiz.de/10005060324
Persistent link: https://www.econbiz.de/10009392468
This paper presents an experimental investigation of the three ambient-based mechanisms proposed by Segerson [J. Environ. Econom. Management 15, 87-98 (1988)] for controlling emissions from a group of nonpoint source polluters: a marginal tax/subsidy, a fixed penalty, and a mechanism that...
Persistent link: https://www.econbiz.de/10010921279
Persistent link: https://www.econbiz.de/10005290960
Persistent link: https://www.econbiz.de/10002502501
Persistent link: https://www.econbiz.de/10002502528
Persistent link: https://www.econbiz.de/10002502538
Persistent link: https://www.econbiz.de/10003384243
This study investigates the influence of social preferences on voting decisions using a new Random Price Voting Mechanism (RPVM), which is best thought of as a public goods voting extension of the Becker-DeGroot-Marshack mechanism for private goods. In particular, this mechanism is used to...
Persistent link: https://www.econbiz.de/10005060247