Pollution permits and compliance strategies
Article Abstract:
Excessive incentives from investments are induced by stand-alone spot markets because the optimal price of pollution permits exceeds the overall budget deficit. The loss of monopoly mark-up of private monopolies is not internalized by the customers when the monopolies invest to forgo consumption of the monopolized good. Futures market can be introduced to reduce the incentive to overinvest. Investments in pollution-abating technologies lead to a reduction in pollution levels and prices of pollution permits.
Publication Name: The Journal of Public Economics
Subject: Government
ISSN: 0047-2727
Year: 1996
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Compensation and the reform of incentive schemes in the regulated sector
Article Abstract:
The author details situations in which employee incentives are positive in regulated business enterprises.
Publication Name: The Journal of Public Economics
Subject: Government
ISSN: 0047-2727
Year: 2003
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Competition and the reform of incentive schemes in the regulated sector
Article Abstract:
An examination of incentive schemes in the UK public sector is provided.
Publication Name: The Journal of Public Economics
Subject: Government
ISSN: 0047-2727
Year: 2003
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