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- W2020784857 abstract "Regulation of prices and pollution for a monopolist with private information is considered with a focus on the relative efficiency of standard-setting and emissions taxation approaches to pollution control. With incomplete information, emissions taxation is a dominated regulatory instrument for abatement purposes because it generates information costs that can be avoided when an abatement standard and prices are set by the regulator. An emissions tax has value, however, as a means of reducing those information costs, but its use for this purpose may increase pollution." @default.
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- W2020784857 title "Regulation of prices and pollution under incomplete information" @default.
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