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Book The Net Benefits of Incentive based Regulation

Download or read book The Net Benefits of Incentive based Regulation written by Wallace E. Oates and published by . This book was released on 1988 with total page 23 pages. Available in PDF, EPUB and Kindle. Book excerpt:

Book Comparison of Net Benefits of Incentive Based and Command and Control Environmental Regulations

Download or read book Comparison of Net Benefits of Incentive Based and Command and Control Environmental Regulations written by Raúl O'Ryan and published by . This book was released on 2010 with total page pages. Available in PDF, EPUB and Kindle. Book excerpt: The ambient permit system proposed in the literature for cost-effective pollution reduction is difficult to implement and may result in lower net benefits than using another instrument. The article develops a model for comparing the environmental net benefits of three policy instruments for Santiago, Chile, when the policy problem is to meet a given ambient quality standard. Two market-based instruments-the ambient permit system and a simpler emission permit system-are examined along with an emission standard, a command and control instrument usually favored by regulators. Both emission permit system and emission standard are costlier than the ambient permit system, sometimes in large part because they improve ambient emission concentrations beyond the required target in much of the city, but the ambient permit system requires a lower degree of control to comply with the standard. The somewhat costlier emission permit system and emission standard provide much higher net benefits than the ambient permit system when the health benefits of their ldquo;excessiverdquo; air quality improvements are taken into account. These benefits are different from the fact that an ambient permit system is administratively costlier to implement.

Book Incentive Regulation and the Regulation of Incentives

Download or read book Incentive Regulation and the Regulation of Incentives written by Glenn Blackmon and published by Springer Science & Business Media. This book was released on 2012-12-06 with total page 138 pages. Available in PDF, EPUB and Kindle. Book excerpt: The class is theory of price regulation assumed that the regulator knows the fIrm's costs, the key piece of information that enables regulators to pressure fmns to choose appropriate behaviors. The "regulatory problem" was reduced to a mere pricing problem: the regulator's goal was to align price with marginal cost, subject to the constraint that revenues must cover costs. Elegant and important insights ensued. The most important was that regulation was inevitably a struggle to achieve second-best outcomes. (Ramsey pricing was a splendid example. ) Reality proved harsh to regulatory theory. The fmn's costs are by no means known to the regulator. At best, the regulator may know how much is currently spent to provide services, but hardly what costs would be if the fmn vigorously pursued effIciency. Even if the current cost curve were known to the regulator, technologies change so swiftly that today's costs are a very poor indicator of tomorrow's, and those are the costs that will determine the fIrm's future decisions. With the burgeoning attention to information considerations and game theory in economics, the regulator's problem of eliciting host information about cost has received considerable attention. In most cases, however, it has been in context that are both static and stylized; such analyses rarely capture many of the essential elements of real world regulatory issues. This volume represents a fresh approach. It reflects Glenn Blackmon's twin strengths, a keen analytic mind and important experience in the regulatory arena.

Book Better Air

    Book Details:
  • Author : Jessica Lincoln-Oswalt
  • Publisher :
  • Release : 2011
  • ISBN : 9781614707240
  • Pages : 0 pages

Download or read book Better Air written by Jessica Lincoln-Oswalt and published by . This book was released on 2011 with total page 0 pages. Available in PDF, EPUB and Kindle. Book excerpt: The authorities and responsibilities of the Environmental Protection Agency (EPA) derive primarily from a dozen major environmental statutes. This book provides a concise summary of one of those statutes, the Clean Air Act. It provides a brief history of federal involvement in air quality regulation and of the provisions added by legislation in 1970, 1977 and 1990. It also explains major authorities contained in the Act as well as key terms and references for more detailed information on the Act and its implementation.

Book Incentive Regulation for Public Utilities

Download or read book Incentive Regulation for Public Utilities written by Michael A. Crew and published by Springer. This book was released on 2012-10-16 with total page 0 pages. Available in PDF, EPUB and Kindle. Book excerpt: This book is based on two seminars held at Rutgers on October 22, 1993, and May 6, 1994 entitled `Incentive Regulation for Public Utilities'. These contributions by leading scholars and practitioners represent some of the best new research in public utility economics and include topics such as the theory of incentive regulation, dynamic pricing, transfer pricing, issues in law and economics, pricing priority service, and energy utility resource planning.

Book NCUA Examiner s Guide

Download or read book NCUA Examiner s Guide written by United States. National Credit Union Administration and published by . This book was released on 1997 with total page 602 pages. Available in PDF, EPUB and Kindle. Book excerpt:

Book Rethinking Investment Incentives

Download or read book Rethinking Investment Incentives written by Ana Teresa Tavares-Lehmann and published by Columbia University Press. This book was released on 2016-07-12 with total page 369 pages. Available in PDF, EPUB and Kindle. Book excerpt: Governments often use direct subsidies or tax credits to encourage investment and promote economic growth and other development objectives. Properly designed and implemented, these incentives can advance a wide range of policy objectives (increasing employment, promoting sustainability, and reducing inequality). Yet since design and implementation are complicated, incentives have been associated with rent-seeking and wasteful public spending. This collection illustrates the different types and uses of these initiatives worldwide and examines the institutional steps that extend their value. By combining economic analysis with development impacts, regulatory issues, and policy options, these essays show not only how to increase the mobility of capital so that cities, states, nations, and regions can better attract, direct, and retain investments but also how to craft policy and compromise to ensure incentives endure.

Book The Theory of Competitive Price

Download or read book The Theory of Competitive Price written by George Joseph Stigler and published by . This book was released on 1946 with total page 216 pages. Available in PDF, EPUB and Kindle. Book excerpt:

Book Control Techniques for Particulate Air Pollutants

Download or read book Control Techniques for Particulate Air Pollutants written by United States. National Air Pollution Control Administration and published by . This book was released on 1969 with total page 560 pages. Available in PDF, EPUB and Kindle. Book excerpt:

Book Emissions Trading  an Exercise in Reforming Pollution Policy

Download or read book Emissions Trading an Exercise in Reforming Pollution Policy written by Thomas H. Tietenberg and published by Resources for the Future. This book was released on 1985 with total page 238 pages. Available in PDF, EPUB and Kindle. Book excerpt:

Book Economics and the Environment

Download or read book Economics and the Environment written by Eban S. Goodstein and published by John Wiley & Sons. This book was released on 2017-09-25 with total page 928 pages. Available in PDF, EPUB and Kindle. Book excerpt: Climate change has morphed from an environmental problem into a challenge to civilization itself. As CO2 levels have continued to rise, the 8th Edition of this book is now more relevant than ever. Retaining the approach of the original edition, the newest iteration features global warming as the framing example for a comprehensive look at environmental economics. Pedagogical clarity is ensured by the book’s central focus on four highly-focused questions: How much pollution is too much? Is the government up to the job? How can we do better? How can we resolve global issues? The text also continues with a strong focus on natural resources economics and ecosystem services. Updates to the book are included to address the very latest concerns, standards, and legislation related to environmental issues, providing students with a comprehensive look at this important topic while maintaining an accessible approach that makes the material engaging and highly relevant.

Book OECD Reviews of Regulatory Reform Risk and Regulatory Policy Improving the Governance of Risk

Download or read book OECD Reviews of Regulatory Reform Risk and Regulatory Policy Improving the Governance of Risk written by OECD and published by OECD Publishing. This book was released on 2010-05-06 with total page 251 pages. Available in PDF, EPUB and Kindle. Book excerpt: This publication presents recent OECD papers on risk and regulatory policy. They offer measures for developing, or improving, coherent risk governance policies.

Book Clean Coastal Waters

    Book Details:
  • Author : National Research Council
  • Publisher : National Academies Press
  • Release : 2000-08-17
  • ISBN : 0309069483
  • Pages : 422 pages

Download or read book Clean Coastal Waters written by National Research Council and published by National Academies Press. This book was released on 2000-08-17 with total page 422 pages. Available in PDF, EPUB and Kindle. Book excerpt: Environmental problems in coastal ecosystems can sometimes be attributed to excess nutrients flowing from upstream watersheds into estuarine settings. This nutrient over-enrichment can result in toxic algal blooms, shellfish poisoning, coral reef destruction, and other harmful outcomes. All U.S. coasts show signs of nutrient over-enrichment, and scientists predict worsening problems in the years ahead. Clean Coastal Waters explains technical aspects of nutrient over-enrichment and proposes both immediate local action by coastal managers and a longer-term national strategy incorporating policy design, classification of affected sites, law and regulation, coordination, and communication. Highlighting the Gulf of Mexico's "Dead Zone," the Pfiesteria outbreak in a tributary of Chesapeake Bay, and other cases, the book explains how nutrients work in the environment, why nitrogen is important, how enrichment turns into over-enrichment, and why some environments are especially susceptible. Economic as well as ecological impacts are examined. In addressing abatement strategies, the committee discusses the importance of monitoring sites, developing useful models of over-enrichment, and setting water quality goals. The book also reviews voluntary programs, mandatory controls, tax incentives, and other policy options for reducing the flow of nutrients from agricultural operations and other sources.

Book Using Economic Incentives to Regulate Toxic Substances

Download or read book Using Economic Incentives to Regulate Toxic Substances written by Molly K. Macauley and published by Routledge. This book was released on 2017-03-16 with total page 162 pages. Available in PDF, EPUB and Kindle. Book excerpt: Using case studies, the authors evaluate the potential attractiveness of incentive-based policies for the regulation of four specific toxic substances: chlorinated solvents, formaldehyde, cadmium, and brominated flame retardants. Originally published in 1992, the authors provide a compelling demonstration of the role of case studies in determining the appropriate regulatory approach for the specific toxic substances. This is a valuable title for students concerned with environmental issues and policy making.