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Recently, attention has turned to the use of voluntary agreements between regulators and polluters as an alternative to mandatory approaches based on regulation or legislation. Voluntary agreements have the potential to reduce compliance costs by allowing greater flexibility and to reduce...
Persistent link: https://www.econbiz.de/10011608295
Voluntary agreements with polluting industries are becoming a popular alternative to traditional environmental regulation. One reason may be that voluntary agreements can reduce compliance costs of polluting industries. In this paper we develop a family of simple policy formulation and...
Persistent link: https://www.econbiz.de/10011608297
classical approaches of regulation, particularly the regulatory capture theory and its agency-theory extensions. An explanation … theoretical and dynamic perspectives : H1 : an "operational" theory of legal regulation ; H2 : market transactions seen as … "reciprocal prescriptions"; H3 : firm's strategy formulation as an organizational learning process. Within this framework we can …
Persistent link: https://www.econbiz.de/10011608298
Voluntary Agreements (VAs) are becoming increasingly prominent in many countries as a policy instrument for achieving improvements in the environmental performance of industry. They aim to encourage industry led initiatives to set and meet environmental goals, to raise the environmental profile...
Persistent link: https://www.econbiz.de/10011608300
This paper describes the fiscal structure of a community as an equilibrium of a non-cooperative game where members of different pressure groups - characterised by conflicting interests - compete to get distributive gains. Their interaction is regulated by a constitution which sets the electoral...
Persistent link: https://www.econbiz.de/10011608302
This paper develops a framework for the analysis of gatekeeping in tax enforcement, whereby independent auditors are assigned the duty of certifying taxpayers' reports. The equilibrium of the market for gatekeepers' services is characterised, as well as taxpayers' and auditors' optimal...
Persistent link: https://www.econbiz.de/10011608306
In this paper, we analyse tax harmonisation in the framework of two asymmetric countries, differing with respect to their capital-labour endowments. In the first part, we analyse how national fiscal policies are decided when countries play a non-cooperative game. At the Nash equilibrium,...
Persistent link: https://www.econbiz.de/10011608307
This paper analyses the optimal enforcement of competition policy against collusion under asymmetric information on cartel's costs and observable prices. The implementable price schedules are increasing, and the net profits decreasing, in cartel's costs, while expected penalties are increasing...
Persistent link: https://www.econbiz.de/10011608308
If buyers do not observe the quality of a product and production of quality is costly, market allocations can be very inefficient. Certification intermediaries are institutions that provide information about quality to buyers. The amount of information in the market determines the incentives...
Persistent link: https://www.econbiz.de/10011608311
theory of endogenous protection and endogenous free riding to the European Economic Community (the EEC). We use data from 51 …
Persistent link: https://www.econbiz.de/10011608312