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Author:Mason, R.
Swanson, T.
Title:The costs of uncoordinated regulation
Journal:European Economic Review
2002 : JAN, VOL. 46:1, p. 143-167
Index terms:ENVIRONMENTAL PROTECTION
INCENTIVES
R&D
REGULATIONS
Freeterms:COORDINATION
Language:eng
Abstract:Patents encourage firms to undertake research and development by protecting innovator revenues from competition. Controls on pollution of the environment are intended to close the gap between the private and social costs of natural resource use. This paper examines the incentives that are created by the interaction of these two separate pieces of regulation.
SCIMA record nr: 229023
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