REGULATORY COMPLIANCE WITH NONLINEAR PENALTIES

被引：8
|
作者：
SHAFFER, S [1 ]
机构：
[1] FED RESERVE BANK PHILADELPHIA,PHILADELPHIA,PA 19106
来源：
JOURNAL OF REGULATORY ECONOMICS | 1990年 / 2卷 / 01期
关键词：
D O I：
10.1007/BF00139365
中图分类号：
F [经济];
学科分类号：
02 ;
摘要：
Previous work has shown that, when firms choose only partial compliance with a regulatory standard, tightening the standard may drive firms' behavior in the wrong direction. This note explores the potential of nonlinear penalty functions to move behavior in the socially desired direction when standards are tightened without raising the total penalty. © 1990 Kluwer Academic Publishers.
引用
收藏
页码：99 / 103
页数：5
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