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Getting polluters to yell the truth

dc.rights.licenseAttribution-NonCommercial-NoDerivatives 4.0 Internacional*
dc.contributor.authorCaffera, Marcelo
dc.contributor.authorDubra, Juan
dc.date.accessioned2022-04-27T18:32:47Z
dc.date.available2022-04-27T18:32:47Z
dc.date.issued2006es
dc.identifier.urihttps://hdl.handle.net/20.500.12806/1350
dc.description.abstractWe study the problem of a regulator who must control the emissions of a given pollutant from a series of industries when the firms’ abatement costs are unknown. We develop a mechanism in which the regulator asks firms to report their abatement costs and implements the most stringent emissions standard consistent with the firms’ declarations. He also inspects one of the firms in each industry which declared the cost structure consistent with the least stringent emissions standard and with an arbitrarily small probability, he discovers whether the report was true or not. The firm is punished with an arbitrarily small fine if and only if its report was false. This mechanism is simple, is implementable in practice, its unique equilibrium is truth telling by firms, it implements the first best pollution standards and shares some features of the regulatory processes actually observed in reality.en
dc.format.extent19 p.es
dc.format.mimetypeapplication/pdfes
dc.languageenges
dc.publisherUniversidad de Montevideo, Facultad de Ciencias Empresariales y Economía, Departamento de Economíaes
dc.relation.ispartofDocumentos de trabajo del Departamento de Economíaes
dc.rightsAbiertoes
dc.rights.urihttp://creativecommons.org/licenses/by-nc-nd/4.0/*
dc.subjectEfficient emissions standardses
dc.subjectCommand and controles
dc.subjectTruth tellinges
dc.subjectFull nash implementationes
dc.titleGetting polluters to yell the truthes
dc.typeDocumento de trabajoes
dc.contributor.filiacionCaffera, Marcelo. Universidad de Montevideo, Uruguayes
dc.contributor.filiacionDubra, Juan. Universidad de Montevideo, Uruguayes
dc.type.versionPublicadaes

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Attribution-NonCommercial-NoDerivatives 4.0 Internacional
Except where otherwise noted, this item's license is described as Attribution-NonCommercial-NoDerivatives 4.0 Internacional