Optimal Incentives to Reduce Downstream Pollution Under Asymmetric Information
Rudolf Kerschbamer and
N. Maderner
Working Papers from Washington St. Louis - School of Business and Political Economy
Abstract:
This paper derives optimal bribes to reduce upstream transfrontier emissions in the presence of asymmetric information on the polluter's concern for the environment.
Keywords: POLLUTION; INFORMATION (search for similar items in EconPapers)
JEL-codes: C71 D62 D82 F42 H23 Q25 (search for similar items in EconPapers)
Pages: 32 pages
Date: 1998
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Persistent link: https://EconPapers.repec.org/RePEc:fth:waslbp:9805
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