Determining Appropriate Surface Water Quality Policies Through a Law and Economics Theory of a Sanctionable Act
73 Pages Posted: 12 Apr 1998
Date Written: November 24, 1994
Abstract
In this dissertation, I examine surface water quality policies using a new pragmatic policy-analysis framework, which arises from a theory of a sanctionable act. This framework emphasizes implementation-transaction-costs which are normally forgotten or misanalyzed in typical cost-benefit analyses. These costs include the costs of initially passing a policy, implementing it, and enforcing it.
JEL Classification: K32, Q25
Suggested Citation: Suggested Citation
Do you have negative results from your research you’d like to share?
Recommended Papers
-
The Optimal Tradeoff between the Probability and Magnitude of Fines
-
Optimal Law Enforcement with Self-Reporting of Behavior
By Louis Kaplow and Steven Shavell
-
The Optimal Use of Fines and Imprisonment When Wealth is Unobservable
-
The Optimal Use of Fines and Imprisonment When Wealth is Unobservable