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Pfaff, Alexander; Sanchirico, Chris William – Journal of Policy Analysis and Management, 2004
Environmental self-auditing is said to deserve and require encouragement. Although firms can audit themselves more cheaply and effectively than regulators, they are deterred for fear that information they uncover will be used against them. To reduce this disincentive, the Environmental Protection Agency's (EPA's) Audit Policy lowers punitive fines…
Descriptors: Pollution, Policy Analysis, Environmental Standards, Audits (Verification)