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Uncertain penalties and compliance: experimental evidence |
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| Authors: | Luengo Carol Caffera Marcelo Chávez Carlos |
| Institution: | 1.Departamento de Economía, Universidad de Concepción, Concepción, Chile ;2.Facultad de Ciencias Empresariales y Economía, Universidad de Montevideo, Montevideo, Uruguay ;3.Facultad de Economía y Negocios, Universidad de Talca, Oficina 248-FEN, Avenida Lircay s/n, Talca, Chile ;4.Interdisciplinary Center for Aquaculture Research (INCAR), Concepción, Chile ; |
| Abstract: | Environmental Economics and Policy Studies - We present the results of a series of economic laboratory experiments designed to study the compliance behavior of polluting firms when penalties are... |
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