This paper studies the relevance of strategic trade effects in the environmental policy for the European electricity sector. The production, investment and trade of electricity are modelled for four European countries. Three market regimes are distinguished: perfect competition, price regulation...

We analyze important forces that hamper the formation of successful self-enforcing agreements to mitigate global warming. The analysis combines two modules: a) a computable general equilibrium model that captures the feedback between the economy, environmental damages and the climate system and...

We combine the newest concepts of non-cooperative coalition theory with a computable general equilibrium model close to the seminal RICE-model of Nordhaus and Yang (1996) to determine stable coalition structures in a global warming game. We consider three coalition games that allow for the...

The environmental costing model (Milieu-Kosten-Model or MKM in Dutch) is a tool for assessing cost-efficiency of environmental policy. The present paper describes the modelling methodology and illustrates it by presenting numerical simulations for selected multi-sector and multi-pollutant...

We analyze with an integrated assessment model of climate change the formation of international environmental agreements (IEAs) by applying the widely used concept of internal& external stability and several modifications of it. We relax the assumptions of a single agreement and open membership...

The purpose of this paper is to compare the interaction between pricing and capacity decisions on simple serial and parallel transport networks. When individual links of the network are operated by different regional or national authorities, toll and capacity competition is likely to result....

The paper reviews the role of taxation in controlling transport externalities. It argues that the design of transport taxes should take into account pre-existing tax distortions in the economy and looks at the implications of restrictions on the transport instruments at the disposal of the...

The paper studies a regional environmental tax reform in a federal state. In a model with immobile labour, mobile capital and mobile polluting input in the production function, one region increases its pollution taxes and recycles the excess tax revenues by lowering either pre-existing...

Evidence suggests that a considerable proportion of peak-period trips are made for purposes other than for commuting to or from work. Given the different degrees of Hicksian complementarity with the labour market, optimal tax theory suggests that, in a second-best world, different trip purposes...

Gasoline taxes are the most important tax on car use. The question naturally arises as to what tax would be adopted by a government that responds to the preferences of the public. To address that issue, we begin with the standard Downsian model, where policy is determined by the median voter....