A theory of tradable price caps

SIGLEAvailable from British Library Document Supply Centre- DSC:3597.7738(UCL-DE-DP--9/94) / BLDSC - British Library Document Supply CentreGBUnited Kingdo

A theory of tradable price caps

SIGLEAvailable from British Library Document Supply Centre- DSC:3597.7738(UCL-DE-DP--9/94) / BLDSC - British Library Document Supply CentreGBUnited Kingdo

Pollution abatement with limited enforcement power and citizen suits

Federal environmental laws in the U.S. can be enforced by government agencies or by private parties through citizen suits against polluters. Here, I extend the standard enforcement model to examine the role played by citizen suits. The main results from the paper suggest that in a model with limited enforcement power and citizen suits the regulator fully exercises his enforcement power when the expected penalty from a citizen suit is low, but increases his reliance on citizen suits as the expected penalty rises. Whether an enforcement regime that allows private enforcement is efficient depends not only on the relative costs of private and agency enforcement, but also on the changes in inspection costs that may be caused by private enforcement and the expected penalty from losing a citizen suit. These results suggest that in practice private enforcement may lower social costs as long as relatively inexpensive agency enforcement options, such as administrative proceedings, do not preclude citizen suits. Copyright Springer Science+Business Media, LLC 2007Pollution control, Environmental regulation, Compliance, Self-reporting, Enforcement, Citizen suits, D62, L51, K32, K42, Q25,

On the Use of Targeting to Reduce Moral Hazard in Agri-environmental Schemes

This paper applies the economic theory of targeting an agent's policy compliance to deal with asymmetric information in agri-environmental policies. The paper has had a major policy impact, with the author commissioned to write and present an associated paper on asymmetric information in agri-environmental policies to the OECD in 2005

MoBIC: An Aid to Increase the Independent Mobility of Blind Travellers

This article outlines the research of a multi-national team to develop a new travel aid to increase the independent mobility of blind and partially sighted people. The MoBIC travel aid (MoTA) consists of two inter-related components: the MoBIC Pre-Journey System (MoPS) assists users in exploring maps and planning journeys; and the MoBIC Outdoor System (MoODS) allows them to execute these plans by providing orientation and navigation assistance during journeys. The MoODS is a secondary aid, complementing primary aids such as the long cane or guide dog. The process by which initial prototypes of the system were developed is outlined and the elicitation of user requirements is discussed. Some results of initial evaluations conducted in the United Kingdom and the first field trials conducted in Germany are also presentedPeer reviewe