A bargaining model of voluntary environmental agreements

被引：14
|
作者：
Manzini, P
Mariotti, M
机构：
[1] Univ London Queen Mary & Westfield Coll, Dept Econ, London E1 4NS, England
[2] Univ Exeter, Dept Econ, Exeter EX4 4PU, Devon, England
来源：
JOURNAL OF PUBLIC ECONOMICS | 2003年 / 87卷 / 12期
关键词：
voluntary agreements; multiperson bargaining; regulation;
D O I：
10.1016/S0047-2727(02)00137-8
中图分类号：
F [经济];
学科分类号：
02 ;
摘要：
We present an explicit model of firm-regulator negotiations in a market with several firms. We describe how the regulatory surplus is distributed between firms and regulator, and analyse the impact of various parameters on the resulting level of environmental regulation. Our main result is that a 'toughest firm principle' holds: the outcome of negotiations is essentially determined by the firm with the most aggressive attitude towards environmental control. (C) 2002 Elsevier B.V. All rights reserved.
引用
收藏
页码：2725 / 2736
页数：12
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