The deterrence effect of linear versus convex fines: laboratory evidence
Using experiments in which participants play the role of pollutingfirms, we study compliance behavior with emissions limits undertwo types of fines and two different regulatory instruments. We findthat the market price of pollution permits and the probability ofviolating permits holdings are higher...
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| Other Authors: | , |
| Format: | article |
| Language: | English |
| Published: |
2021
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| Subjects: | |
| Online Access: | https://hdl.handle.net/20.500.12806/2443 https://doi.org/10.1080/15140326.2020.1848307 |
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