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"Westfahl, Allison"
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REGULATORY CHANGE AND OPTIMAL TRANSITION RELIEF
[...] we show that even in the regulatory context where existing actors have made significant investments in order to comply with previous regulations, it may still be socially desirable not to provide transition relief because a policy of no transition relief encourages existing actors to anticipate socially desirable regulatory changes. [...] under a cap-and-trade or tax system, an old plant that is no longer operating efficiently must either close its doors and sell its permits to a new plant or develop more efficient pollution-reduction techniques. [...] there is no need for regulators to craft separate standards for new and existing sources.
Journal Article
A Non-Smooth Band around a Non-Convex Region
The area of a constant-width band is shown to be twice the length of its middle section times its width \"h.\" The length of the middle section is shown to be equal to the length of the inner boundary plus [pi]\"h.\" These results are obtained using the change of variables formula for double integrals.
Journal Article