Vignolo, Thierry; Percebois, Jacques; dArtigues, Agnes - In: Economics Bulletin 1 (2007) 1, pp. 1-7
Time-inconsistency can arise when a government attempts to convince private sector to use a particular alternative energy (gas, green electricity...) rather than petroleum products. By introducing taxes and feed-in prices, a government would encourage firms and households to switch to an...