It is frequently observed that the implementation of green policies is delayed compared to the initial announcement. Considering a setting with a representative monopolist extracting a non-renewable resource, we demonstrate that announcing a green policy, but then delaying its implementation, is...

It is frequently observed that the implementation of green policies is delayed compared to the initial announcement. Considering a setting with a representative monopolist extracting a non-renewable resource, we demonstrate that announcing a green policy, but then delaying its implementation, is...

It is frequently observed that the implementation of green policies is delayed compared to the initial announcement. Considering a setting with a representative monopolist extracting a non-renewable resource, we demonstrate that announcing a green policy, but then delaying its implementation, is...

It is frequently observed that the implementation of green policies is delayed compared to the initial announcement. Considering a setting with a representative monopolist extracting a non-renewable resource, we demonstrate that announcing a green policy, but then delaying its implementation, is...

This paper describes how limited liability leads to risk-loving behaviour in nuclear power companies and unsafe nuclear power plants. By reviewing current regulatory regimes, we show that this Number is not being sufficiently addressed today. Therefore, we evaluate five regulatory instruments:...

Kraftstoffpreise werden weltweit maßgeblich durch Staatseingriffe in Form von Steuern und Subventionen beeinflusst. Die meisten Staaten haben mittlerweile Steuern implementiert und nur noch wenige, vor allem einige erdölexportierende Länder, subventionieren Kraftstoffe. Jedoch geht auch in...

Kraftstoffpreise werden weltweit maßgeblich durch Staatseingriffe in Form von Steuern und Subventionen beeinflusst. Die meisten Staaten haben mittlerweile Steuern implementiert und nur noch wenige, vor allem einige erdölexportierende Länder, subventionieren Kraftstoffe. Jedoch geht auch in...

A number of recent papers extend traditional Hotelling frameworks by the topical issue of climate change. They study the effects of different environmental taxes on the resource extraction paths and derive important and far-reaching policy implications. In particular the most recent strain of...