Fadaee, Mehdi; Lambertini, Luca - In: Environmental Economics and Policy Studies 17 (2015) 1, pp. 27-42
Profit-seeking firms can be induced to internalise the environmental damages caused by production via several policy instruments, a widely used one being emission permits. In a very influential paper, Laffont and Tirole (J Public Econ 62:127–140, <CitationRef CitationID="CR18">1996</CitationRef>) point out that the allocation of...</citationref>