Options for Compliance with Pollution Control Regulation: the Relationship Between Abatement Costs and Bankable Permit Prices.

This paper presents a theoetical framework for analyzing markets for bankable emission permits that incorporates the effects of unertainty n downstream. Air quality, regulations allow firms to choose between investments in abatement equipment and purchaisng allowances that permit firms to release specified quantities of pollution.

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Year of publication:	1998
Authors:	Mitchell, G. ; Hunter, G.W.
Subject:	FINANCIAL MARKET \| BANKS \| UNCERTAINTY

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Type of publication:	Book / Working Paper
Notes:	23 pages
Classification:	G12 - Asset Pricing ; G22 - Insurance; Insurance Companies ; D81 - Criteria for Decision-Making under Risk and Uncertainty
Source:	RePEc - Research Papers in Economics

Persistent link: https://www.econbiz.de/10005245513