کد مقاله | کد نشریه | سال انتشار | مقاله انگلیسی | نسخه تمام متن |
---|---|---|---|---|
5100408 | 1478863 | 2017 | 19 صفحه PDF | دانلود رایگان |
عنوان انگلیسی مقاله ISI
Menus of price-quantity contracts for inducing the truth in environmental regulation
ترجمه فارسی عنوان
منوها قراردادهای کم قیمت برای ایجاد حقیقت در قوانین زیست محیطی
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کلمات کلیدی
موضوعات مرتبط
علوم انسانی و اجتماعی
اقتصاد، اقتصادسنجی و امور مالی
اقتصاد و اقتصادسنجی
چکیده انگلیسی
Many authors have proposed mechanisms to induce regulated polluting firms to truthfully reveal their private information. This paper proposes an alternative scheme in which the regulator offers each firm a menu of linear price-quantity contracts; faced with this menu, each firmâ²s dominant strategy is to truthfully report its private information and self-select the contract that is ex post efficient. The proposed menu schedule that is more elastic than the firmâ²s residual marginal damage function engenders a positive quantity effect, thereby counterbalancing the firmâ²s incentive to misreport prompted by the linearity of price. Due to its built-in price quantity structure, the scheme performs as designed regardless of the elasticities of marginal damage and demand functions.
ناشر
Database: Elsevier - ScienceDirect (ساینس دایرکت)
Journal: Journal of Environmental Economics and Management - Volume 83, May 2017, Pages 1-7
Journal: Journal of Environmental Economics and Management - Volume 83, May 2017, Pages 1-7
نویسندگان
Ratna K. Shrestha,