Honor and Stigma in Mechanisms for Environmental Protection
Published By: IGIDR on eSS | Published Date: May , 2016Honor and stigma play a role in environmental protection. Environmental honors are bestowed on
people and firms who go out of their way to do right by the environment. Similarly, environmental
stigma is put on people or firms who are publicly taken to task for their poor environmental record. A voluntary mechanism is designed by incorporating honor and stigma to induce heterogeneous
firms to protect the environment at less cost.
Author(s): Prasenjit Banerjee, Rupayan Pal | Posted on: Jun 03, 2016 | Views() | Download (431)