Mackenzie, Ian A.; Hanley, Nick; Kornienko, Tatiana - 2008
knowledge, there has been no attempt at implementing a rank-order contest to envi-
ronmental issues and, in particular, no …�ability
parameters. Similarly, although the permit allocation schedule is common knowledge,
each �rm�s actual permit allocation is …
information. Given its knowledge of own ability, of the distribution of abilities, and of
schedule of permit allocations, each �rm …