2002
DOI: 10.1006/jeem.2001.1196
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Incentives for Pollution Control: Regulation or Information?

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Cited by 172 publications
(109 citation statements)
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“…Furthermore, the greater the fall in stock price, the larger the observed emissions reduction. Foulon et al (2002) find that in a set of 15 pulp and paper firms in British Columbia, appearance on the Ministry of Environment's polluters list strengthened the conventional enforcement strategies (fines and penalties) and provided strong incentives for pollution control.…”
Section: Introductionmentioning
confidence: 99%
“…Furthermore, the greater the fall in stock price, the larger the observed emissions reduction. Foulon et al (2002) find that in a set of 15 pulp and paper firms in British Columbia, appearance on the Ministry of Environment's polluters list strengthened the conventional enforcement strategies (fines and penalties) and provided strong incentives for pollution control.…”
Section: Introductionmentioning
confidence: 99%
“…For example, in the U.S., all major sources (by Title V of the Clean Air Act) have to evaluate their own compliance status and submit certified reports. 7 This is a sensible hypothesis. Moreover, Macho-Stadler and Pérez-Castrillo (2006), applying a set-up close to the one analyzed here to environmental taxes, show that restricting attention to this class of policy is without loss of generality in many scenarios.…”
Section: The Model and The Firm's Decisionmentioning
confidence: 93%
“…I assume that the probability of being audited may depend on the firm's parameter λ but is independent of the report made by the firm. 7 When audited, the firm's true emissions are identified without error. 8 The firm may choose a report z that does not coincide with the true emission level e.…”
Section: The Model and The Firm's Decisionmentioning
confidence: 99%
“…Looking at environmental policy in particular, regulators have linked enforcement systems with information programmes to uncover levels of environmental performance of polluters (Foulon, Lanoie, & Laplante, 2002;Hsu, 2015;Wang et al, 2004). Based on big data, more sophisticated climate change models have been developed to reduce the uncertainty surrounding decisions linked to mitigating and adapting to environmental changes (Larson, White, Gober, & Wutich, 2015).…”
Section: Data-based Policy-makingmentioning
confidence: 99%