| 来源类型 | FEEM working papers "Note di lavoro" series
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| 规范类型 | 论文
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| What’s the Damage? Environmental Regulation with Policy-Motivated Bureaucrats |
| Achim Voß; Jörg Lingens
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| 发表日期 | 2014
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| 出处 | Climate Change and Sustainable Development
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| 出版年 | 2014
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| 语种 | 英语
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| 摘要 | Many environmental-policy problems are characterized by complexity and uncertainty. Government’s choice concerning these policies commonly relies on information provided by a bureaucracy. Environmental bureaucrats often have a political motivation of their own, so they might be tempted to misreport environmental effects in order to influence policy. This transforms a problem of uncertainty into one of asymmetric information.
We analyze the ensuing principal-agent relationship and derive the government’s optimal contract, which conditions policy and rewards on reported environmental effects. We find that agents who are more environmentalist than the government are rewarded for admitting that the environmental impact is low (and vice versa). With higher uncertainty, the bureaucrat has a stronger influence on policy. For some values of the environmental impact, the bureau is permitted to set its own preferred policy (optimal delegation)
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Suggested citation: A. Voß, J. Lingens, (2014), 'What’s the Damage? Environmental Regulation with Policy-Motivated Bureaucrats', Nota di Lavoro 66.2014, Milan, Italy: Fondazione Eni Enrico Mattei. |
| 特色分类 | D73;D82;C61;Q52;Q58
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| 关键词 | Environmental Policy
Political Economy
Delegation
Bureaucracy
Regulatory Agency
Mechanism Design
Type-dependent Participation Constraint
Pure State Constraints in Optimal Control
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| URL | https://www.feem.it/en/publications/feem-working-papers-note-di-lavoro-series/what-s-the-damage-environmental-regulation-with-policy-motivated-bureaucrats/
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| 来源智库 | Fondazione Eni Enrico Mattei (Italy)
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| 资源类型 | 智库出版物
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| 条目标识符 | http://119.78.100.153/handle/2XGU8XDN/118305
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推荐引用方式
GB/T 7714 |
Achim Voß,Jörg Lingens. What’s the Damage? Environmental Regulation with Policy-Motivated Bureaucrats. 2014.
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