Listar por tema "Uncertainty"
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Uncertain penalties and compliance
(Universidad de Montevideo, Facultad de Ciencias Empresariales y Economía, Departamento de Economía, 2014)Using a series of laboratory economic experiments, we study the effect of information regarding the amount of the fine on the individual decision to violate an emission standard. Specifically, the analysis ... -
Uncertain penalties and compliance
(Universidad de Montevideo, Facultad de Ciencias Empresariales y Economía, Departamento de Economía, 2019)We present the results of a series of laboratory economic experiments designed to study compliance behavior of polluting firms when information on the penalty is uncertain. The experiments consist of a regulatory environment ...