Pollution Regulation and Incentives for Pollution-Control Research

Gary Biglaiser and John Horowitz ()

Journal of Economics & Management Strategy, 1995, vol. 3, issue 4, 663-84

Abstract: We study the firm's incentives to engage in research for pollution-control technologies and to adopt new technologies that it discovers or that are discovered by other firms. Licensing of discoveries is assumed possible. We also study the regulator's problem in designing optimal environmental regulations that both control pollution and provide incentives for research. Technology adoption standards are part of the optimal regulation. Another finding is that making the adoption standard stricter reduces research. Copyright 1995 by MIT Press.

Date: 1995
References: Add references at CitEc
Citations: View citations in EconPapers (48)

There are no downloads for this item, see the EconPapers FAQ for hints about obtaining it.

Related works:
This item may be available elsewhere in EconPapers: Search for items with the same title.

Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text

Persistent link: https://EconPapers.repec.org/RePEc:bla:jemstr:v:3:y:1995:i:4:p:663-84

Ordering information: This journal article can be ordered from
http://www.blackwell ... ref=1058-6407&site=1

Access Statistics for this article

More articles in Journal of Economics & Management Strategy from Wiley Blackwell
Bibliographic data for series maintained by Wiley Content Delivery ().