Environmental regulation and incentives to comply : reviewing the economics behind forest practices enforcement strategies in British Columbia
Government, as the Principal in the Principal-Agent theory model, can maximize social welfare in setting up an enforcement structure that provides incentive for an Agent to adopt diligent behaviour. Also, society is better off providing opportunity for development and harvesting of resources on t...
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| Format: | Others |
| Language: | English |
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2009
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| Online Access: | http://hdl.handle.net/2429/15201 |