Konishi, Yoshifumi - Agricultural and Applied Economics Association - AAEA - 2007
as one of choosing a technology standard, or "cutoff," in emissions per unit of output, below which all abatement … regulator would like to raise the standard to reduce emissions but needs to lower it in order to induce technology adoption … too high or too low a standard is not only inefficient, but can also lead to an increase in total emissions relative to …