@article{00ee8750e0f147ddb3c68bd88af47c6a,
title = "Environmental policy, compliance and innovation",
abstract = "This note provides an industrial organization perspective on the use of tradeable emissions permits in the context of SO2 pollution in the USA, and reports on some of our ongoing work on compliance and innovation in pollution abatement.",
keywords = "Environment, Pollution permits, Regulation",
author = "Laffont, {Jean Jacques} and Jean Tirole",
note = "Funding Information: *Corresponding author. The authors are grateful to Carlo Carraro and Paul Joskow for helpful discussions and to Fondazione Eni Enrico Mattei for financial support. 1F or descriptions and discussions of the 1977 and 1990 Clean Air Act Amendments, see, e.g., Hahn and No11 (1983) and Tietenberg (1985) on the one hand, and Rose and Burns (1993) and Public Utilities Reports (1993) on the other hand. 2 See, e.g., OECD (1993) for an account.",
year = "1994",
month = apr,
doi = "10.1016/0014-2921(94)90091-4",
language = "English (US)",
volume = "38",
pages = "555--562",
journal = "European Economic Review",
issn = "0014-2921",
publisher = "Elsevier",
number = "3-4",
}