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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Bibliographic Details

Main Author:	Caffera, Marcelo (author)
Other Authors:	Chávez, Carlos (author), Ardente, Analía (author)
Format:	article
Language:	English
Published:	2021
Subjects:	Environmental policy Enforcement Penaltystructure Laboratory experiments
Online Access:	https://hdl.handle.net/20.500.12806/2443 https://doi.org/10.1080/15140326.2020.1848307
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