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- Title
The economics of environmental law enforcement: end-of-life vehicles.
- Authors
Forslind, K.
- Abstract
Abandoned End-of-Life Vehicles (ELVs) have been an environmental concern for a long time in a number of countries. This article examines different ways to address the issue by changing the incentive structure for agents. Following (Polinsky A. M., & Shavell, S. (2000). The Economic theory of public enforcement of law. Journal of Economic Literature, 38, 45–76.) a model is used to compare a fine-based system with a deposit-refund system; a combination of the two is then considered. It is shown that when the environmental harm is relatively low and constant, a deposit-refund system is preferred. When cases of high environmental harm are included, the optimal choice would be a combined system.
- Subjects
ENVIRONMENTAL law; ENVIRONMENTAL protection; LEGAL compliance; ENVIRONMENTAL policy; VEHICLES &; the environment; LABOR incentives; ENVIRONMENTAL impact charges; DEPOSIT-refund systems; WASTE recycling
- Publication
European Journal of Law & Economics, 2007, Vol 23, Issue 3, p223
- ISSN
0929-1261
- Publication type
Article
- DOI
10.1007/s10657-007-9017-7