Download PDF, EPUB, Kindle Frontiers in the Economics of Environmental Regulation and Liability. Liability for unknown risks is a difficult topic, not only for legal scholars but also in Law and Economics. 1. The reason is, in essence, simple: a lack of information about the risks involved. The Law and Economics of tort law centers on the incentives that tort law can The conventional economic argument favors the use of market-based instruments over ‘command-andcontrol’ regulation. This viewpoint, however, is often limited in the description and characteristics of the latter; namely, environmental standards are often portrayed as … E.W. Orts, ‘Informational Regulation of Environmental Risks’, 18 Risk Analysis (1998), 155; D.W. Case, ‘The Law and Economics of Environmental Information as Regulation’, 31 Environmental Law Limits on Environmental Regulation, Hazardous Waste Policy, Environmental Policy and the Courts (1995-97) Executive Education Energy Restructuring, E.ON Finance Academy, Dusseldorf, Germany, 2004 European Environmental Law, IMADEC University, July 2004 Sharing Liability between Banks and Firms: The Case of Industrial Safety Risk Frontiers in the Economics of Environmental Regulation and Liability, Ashgate Pub The Efficient Liability Sharing Factor For Environmental Disasters: Lessons for Optimal Insurance Regulation Downloadable! Publicly reported information on the environmental behavior of firms can increase the efficacy of private markets as a mechanism to control environmental malfeasance through liability for harm, consumer demand response, and shareholder reaction. In the case of mandatory information disclosure programs, firms are required to report This law and economics research has recently become even more policy-relevant with the European Union's adoption of the Environmental Liability Directive (ELD) in 2004 (with member states incorporating the directive into national law in subsequent years). Frontiers in the Economics of Environmental Regulation and Liability, coeditor with Marcel Boyer and Yolande Hiriart, 2006, Ashgate. Agricultural Markets:Mechanisms, Failures and Regulation, North Holland, 1996, Editor. Students Statutes restrict the application of common tort law to accidents at nuclear power plants in Canada, the U.S,, and other countries. The statutes transfer to the operator of a nuclear plant liability that would otherwise be placed on input suppliers and in return limit the liability of the operator. ECON 155. Environmental Economics and Policy. 5 Units. Economic sources of environmental problems and alternative policies for dealing with them (technology standards, emissions taxes, and marketable pollution permits). Evaluation of policies addressing local air pollution, global climate change, and the use of renewable resources. The U.S. Experience with Economic Incentives in Environmental Pollution Control Policy iv August be developed technologies. The evidence on the environmental effects of economic incen-tives, while much less extensive than that on economic efficiency, suggests that incentives mechanisms are fully compatible with environmental objectives. Frontiers in the Economics of Environmental Regulation and Liability,Marcel Boyer, Yolande Hiriart, David Martimort, Jan 1, 2006, Business & Economics, 347 pages. Industrial and environmental accidents are seldom far from the headlines in any part of the globe. Yet what Read chapter 7 Environmental Protection, Process Safety, and Hazardous Waste Mangement: In the next 10 to 15 years, chemical engineers have the potentia Book Chapters “Game Theoretic “Using Information from Insiders to Target Environmental Regulation” in Frontiers in Liability and Regulation, Editor David Martimort Ashgate, 2006 “Economics of Environmental Regulation: Instruments and Cases” in Handbook of Regulation (with C … AAE 762: Frontiers in Environ. & Resource Economics II 5 Grainger, Corbett. 2012. The Distributional Effects of Environmental Regulations: Do Renters Fully Pay for Clean Air? Journal of Public Economics. Coxhead, Ian and Corbett Grainger. 2014. The Incidence and Welfare Effects of Fossil Fuel Subsidies in an Open Economy. Working Paper. Hedonics Environmental Regulation at the Frontier: Government Oversight of Offshore Oil Drilling North of Alaska.Home; such as joint use of regulation and liability, David Kwok, Norm Spaulding, Mark Thurber, Michael Wara, and my wife Rachel. I also thank the editors at Environmental Law, especially Victor Reuther and JJ England, 232 CHAPTER 7 Topics in the Economics of Tort Liability that probability is positive, and they should take precaution. The inability of these de- Comparing liability and regulation, sometimes one is more efficient than the other, of their employees—and to some issues at the frontiers of tort liability. 1. Commit to Sanctions”, in “Frontiers in the Economics of Environmental Regulation and Liability”, (M. Boyer, Y. Hiriart, D. Martimort, Eds.), Ashgate Publishers, (2006) 155-171 • “US-style Contingent Fees and UK-style Conditional Fees: Agency Problems and the Supply of Legal Services” (with Nuno Garoupa), Managerial and Decision Frontiers in the Economics of Environmental Regulation and Liability, Ashgate Pub. Which requires that governments use policy instruments that are either of the ex-ante regulation Hosted The Berkeley Electronic Press. 2 type, or of the ex-post liability type, including extended liability and financial responsibility, 4White Paper on Marcel Boyer, Yolande Hiriart, and David Martimort, “Recent Developments on Regulation and Liability”, in Frontiers in the Economics of Environmental Regulation and Liability, Marcel Boyer, Yolande Hiriart, and David Martimort (eds.), Ashgate Pub Co, series “Ashgate Studies in Environmental and Natural Resource Economics”, June 2006, pp He co-edited in 2006 (with David Martimort and Yolande Hiriart) Frontiers in the Economics of Environmental Regulation and Liability (Ashgate Pub) and in 2009 (with Michael Trebilcock and David Vaver) Intellectual Property and Competition Law (Irwin). Together the convex and nonconvex examples confirm some insights from the joint regulatory/liability literature (i.e., under joint use of regulation and liability with imperfect systems social welfare may be improved setting regulatory standards below Q*) but contradict other insights (i.e., under joint use social welfare is maximized if the Free Online Library: Environmental regulation at the frontier: government oversight of offshore oil drilling north of Alaska.(V. Challenges of Regulating Infrequent, Catastrophic Risks at the Frontier through VIII. Conclusion, with footnotes, p. 803-832) "Environmental Law"; Environmental issues Environmental law Offshore oil fields Offshore “Informational Regulation of Industrial Safety – An Examination of the U.S. Local Emergency Planning Committees,” (with Nathalie de Marcellis-Warin and Ingrid Peignier) in Frontiers in the Economics of Environmental Regulation and Liability, eds. M.Boyer, Y.Hiriart and D.Martimort, Ashgate, 2006
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