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Optimal Enforcement Strategy to Prevent Oil Spills: An Application of a Principal-Agent Model with Moral Hazard

Citations

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Cited by:

  1. Walter A Cont, 2001. "Essays on Contract Design: Delegation and Agency Problems, and Monitoring Under Collusion," Levine's Working Paper Archive 625018000000000122, David K. Levine.
  2. Earnhart, Dietrich, 2007. "Effects of permitted effluent limits on environmental compliance levels," Ecological Economics, Elsevier, vol. 61(1), pages 178-193, February.
  3. Earnhart, Dietrich, 2004. "Regulatory factors shaping environmental performance at publicly-owned treatment plants," Journal of Environmental Economics and Management, Elsevier, vol. 48(1), pages 655-681, July.
  4. Konar, Shameek & Cohen, Mark A., 1997. "Information As Regulation: The Effect of Community Right to Know Laws on Toxic Emissions," Journal of Environmental Economics and Management, Elsevier, vol. 32(1), pages 109-124, January.
  5. A. Mitchell Polinsky & Steven Shavell, 1992. "Optimal Cleanup and Liability After Environmentally Harmful Discharges," NBER Working Papers 4176, National Bureau of Economic Research, Inc.
  6. Siebert, Horst, 1989. "Liability issues in pollution control," Kiel Working Papers 350, Kiel Institute for the World Economy (IfW).
  7. Pedro Herrera & Oscar Millones, 2011. "¿Cuál Es El Costo De La Contaminación Ambiental Minera Sobre Los Recursos Hídricos En El Perú?," Documentos de Trabajo / Working Papers 2011-321, Departamento de Economía - Pontificia Universidad Católica del Perú.
  8. May Cheung & Jun Zhuang, 2012. "Regulation Games Between Government and Competing Companies: Oil Spills and Other Disasters," Decision Analysis, INFORMS, vol. 9(2), pages 156-164, June.
  9. Alm, James & Shimshack, Jay, 2014. "Environmental Enforcement and Compliance: Lessons from Pollution, Safety, and Tax Settings," Foundations and Trends(R) in Microeconomics, now publishers, vol. 10(4), pages 209-274, December.
  10. Lanoie, Paul & Laplante, Benoît & Tanguay, Georges A., 1994. "La firme et l’environnement," L'Actualité Economique, Société Canadienne de Science Economique, vol. 70(2), pages 97-111, juin.
  11. Michael W. Toffel, 2008. "Coerced Confessions: Self-Policing in the Shadow of the Regulator," Journal of Law, Economics, and Organization, Oxford University Press, vol. 24(1), pages 45-71, May.
  12. Arguedas, Carmen & Rousseau, Sandra, 2012. "Learning about compliance under asymmetric information," Resource and Energy Economics, Elsevier, vol. 34(1), pages 55-73.
  13. Amy Whritenour Ando & Wallapak Polasub, 2006. "Envelope Backs or the Gold Standard? Choosing the Accuracy of Damage Assessment Methods," Land Economics, University of Wisconsin Press, vol. 82(3), pages 424-444.
  14. Lucija Muehlenbachs & Stefan Staubli & Mark A. Cohen, 2016. "The Impact of Team Inspections on Enforcement and Deterrence," Journal of the Association of Environmental and Resource Economists, University of Chicago Press, vol. 3(1), pages 159-204.
  15. Karpoff, Jonathan M & Lott, John R, Jr & Wehrly, Eric W, 2005. "The Reputational Penalties for Environmental Violations: Empirical Evidence," Journal of Law and Economics, University of Chicago Press, vol. 48(2), pages 653-675, October.
  16. Holstein, Fredrik, 2009. "Environmental values - what’s the point?," Department of Economics publications 2205, Swedish University of Agricultural Sciences, Department of Economics.
  17. Muehlenbachs, Lucija & Staubli, Stefan & Cohen, Mark A., 2013. "The Effect of Inspector Group Size and Familiarity on Enforcement and Deterrence," IZA Discussion Papers 7876, Institute of Labor Economics (IZA).
  18. Rousseau, Sandra, 2009. "Empirical Analysis of Sanctions for Environmental Offenses," International Review of Environmental and Resource Economics, now publishers, vol. 3(3), pages 161-194, December.
  19. Berrone, Pascual & Gelabert, Liliana & Fosfuri, Andrea & Gomez-Mejia, Luis R., 2007. "Can institutional forces create competitive advantage? An empirical examination of environmental innovation," IESE Research Papers D/723, IESE Business School.
  20. Ayla Ogus, 2005. "A Model of Endogeneous Oil Spill Regulation," Others 0504004, University Library of Munich, Germany.
  21. Bartsch, Elga, 1996. "Enforcement of environmental liability in the case of uncertain causality and asymmetric information," Kiel Working Papers 755, Kiel Institute for the World Economy (IfW).
  22. Vollaard, Ben, 2017. "Temporal displacement of environmental crime: Evidence from marine oil pollution," Journal of Environmental Economics and Management, Elsevier, vol. 82(C), pages 168-180.
  23. Dietrich Earnhart, 2000. "Environmental “Citizen Suits” in the Czech Republic," European Journal of Law and Economics, Springer, vol. 10(1), pages 43-68, July.
  24. Shouqiang Wang & Peng Sun & Francis de Véricourt, 2016. "Inducing Environmental Disclosures: A Dynamic Mechanism Design Approach," Operations Research, INFORMS, vol. 64(2), pages 371-389, April.
  25. Rousseau Sandra, 2007. "The Impact of Sanctions and Inspections on Firms’ Environmental Compliance Decisions," Energy, Transport and Environment Working Papers Series ete0704, KU Leuven, Department of Economics - Research Group Energy, Transport and Environment.
  26. maurice moffett & alok k. bohara & kishore gawande, 2005. "Governance and Performance: Theory-Based Evidence from US Coast Guard Inspections," Public Economics 0505002, University Library of Munich, Germany.
  27. Lamar Pierce & Michael W. Toffel, 2010. "The Role of Organizational Scope and Governance in Strengthening Private Monitoring," Harvard Business School Working Papers 11-004, Harvard Business School, revised Feb 2012.
  28. Muehlenbachs, Lucija & Cohen, Mark A. & Gerarden, Todd, 2013. "The impact of water depth on safety and environmental performance in offshore oil and gas production," Energy Policy, Elsevier, vol. 55(C), pages 699-705.
  29. Bolin, Kristian, 1999. "The Ownership Of Funds And Systems For Reparation Of Very Large Accidents," Working Papers 1999:006, Lund University, Department of Economics.
  30. Kishore Gawande & Alok K. Bohara, 2005. "Agency Problems in Law Enforcement: Theory and Application to the U.S. Coast Guard," Management Science, INFORMS, vol. 51(11), pages 1593-1609, November.
  31. Earnhart, Dietrich, 1997. "Enforcement of Environmental Protection Laws under Communism and Democracy," Journal of Law and Economics, University of Chicago Press, vol. 40(2), pages 377-402, October.
  32. Boyd, James, 1996. "Banking on "Green Money": Are Environmental Financial Responsibility Rules Fulfilling Their Promise?," Discussion Papers 10592, Resources for the Future.
  33. Arguedas, Carmen & Rousseau, Sandra, 2009. "A note on the complementarity of uniform emission standards and monitoring strategies," Working Papers 2009/12, Hogeschool-Universiteit Brussel, Faculteit Economie en Management.
  34. Boyd, James, 1996. "Banking on "Green Money:" Are Environmental Financial Responsibility Rules Fulfilling Their Promise?," Discussion Papers dp-96-26, Resources For the Future.
  35. Montserrat Grau & Theodore Groves, 1997. "The Oil Spill Process: The Effect of Coast Guard Monitoring on Oil Spills," Environmental & Resource Economics, Springer;European Association of Environmental and Resource Economists, vol. 10(4), pages 315-339, December.
  36. Rousseau Sandra & Billiet Carole, 2005. "How to determine fining behaviour in court? Game theoretical and empirical analysis," Energy, Transport and Environment Working Papers Series ete0510, KU Leuven, Department of Economics - Research Group Energy, Transport and Environment.
  37. Huennemeyer, Anne-Juliane & Rollins, Kimberly S., 2001. "Private Resource Management And Public Trust: Optimal Resource Conservation Contracts Under Asymmetric Information," Working Papers 34141, University of Guelph, Department of Food, Agricultural and Resource Economics.
  38. Kishore Gawande & Timothy Wheeler, 1999. "Measures of Effectiveness for Governmental Organizations," Management Science, INFORMS, vol. 45(1), pages 42-58, January.
  39. Lamar Pierce & Michael W. Toffel, 2013. "The Role of Organizational Scope and Governance in Strengthening Private Monitoring," Organization Science, INFORMS, vol. 24(5), pages 1558-1584, October.
  40. Franckx, Laurent, 2002. "The Use of Ambient Inspections in Environmental Monitoring and Enforcement When the Inspection Agency Cannot Commit Itself to Announced Inspection Probabilities," Journal of Environmental Economics and Management, Elsevier, vol. 43(1), pages 71-92, January.
  41. Carmen Arguedas & Sandra Rousseau, 2015. "Emission Standards and Monitoring Strategies in a Hierarchical Setting," Environmental & Resource Economics, Springer;European Association of Environmental and Resource Economists, vol. 60(3), pages 395-412, March.
  42. Arturo Leonardo Vásquez Cordano, 2006. "Sistemas de Sanciones por Daños Ambientales para la Fiscalización de la Industria de Hidrocarburos en el Perú," Working Papers 20, Osinergmin, Gerencia de Políticas y Análisis Económico.
  43. Gottinger, Hans W., 1998. "Monitoring pollution accidents," European Journal of Operational Research, Elsevier, vol. 104(1), pages 18-30, January.
  44. Alfredo Dammert & Arturo Vásquez & Raúl García & Victor Zurita & Humberto Ortiz & Erix Ruiz, 2011. "¿Cuál Es El Costo De La Contaminación Ambiental Minerasobre Los Recursos Hídricos En El Perú?: Comentarios," Documentos de Trabajo / Working Papers 2011-326, Departamento de Economía - Pontificia Universidad Católica del Perú.
  45. Cohen, Mark A. & Gottlieb, Madeline & Linn, Joshua & Richardson, Nathan, 2011. "Deepwater Drilling: Law, Policy, and Economics of Firm Organization and Safety," Discussion Papers dp-10-65, Resources For the Future.
  46. repec:gam:jsusta:v:11:y:2019:i:20:p:5719-:d:277042 is not listed on IDEAS
  47. Ayla Ogus, 2005. "Estimating the Size of Oil Tanker Spills," Others 0504003, University Library of Munich, Germany.
  48. Arun Malik, 2007. "Optimal environmental regulation based on more than just emissions," Journal of Regulatory Economics, Springer, vol. 32(1), pages 1-16, August.
  49. Dietrich Earnhart, 2004. "Panel Data Analysis of Regulatory Factors Shaping Environmental Performance," The Review of Economics and Statistics, MIT Press, vol. 86(1), pages 391-401, February.
  50. Dietrich Earnhart, 1998. "Civil Litigation, Access to Government-Held Information, and Coordination of Public and Private Enforcement in the Czech Republic," European Journal of Law and Economics, Springer, vol. 6(2), pages 113-141, September.
  51. Jay P. Shimshack, 2014. "The Economics of Environmental Monitoring and Enforcement," Annual Review of Resource Economics, Annual Reviews, vol. 6(1), pages 339-360, October.
  52. Alberto Casagrande & Marco Spallone, 2011. "An Investigation of the Strategic Implications of Environmental Monitoring," Working Papers CASMEF 1103, Dipartimento di Economia e Finanza, LUISS Guido Carli.
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