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Auctioning of CO2 Emission Allowances in Phase 3 of the EU Emissions Trading Scheme

Benz, Eva; Löschel, Andreas; Sturm, Bodo - Zentrum für Europäische Wirtschaftsforschung (ZEW) - 2008

in 2013, to be increased to 100 % by 2020. In this paper, we emphasize the importance of a properly chosen auction design … as the significantly higher auction share, compared to the past and current trading phase, is expected to yield a thin … secondary market for CO2 allowances. We elaborate main criteria that a viable auction design is supposed to fulfil and propose a …

Persistent link: https://www.econbiz.de/10005098035

Coordination under threshold uncertainty in a public goods game

Dannenberg, Astrid; Löschel, Andreas; Paolacci, Gabriele; … - Zentrum für Europäische Wirtschaftsforschung (ZEW) - 2011

We explored experimentally how threshold uncertainty affects coordination success in a threshold public goods game. Whereas all groups succeeded in providing the public good when the exact value of the threshold was known, uncertainty was generally detrimental for the public good provision. The...

Persistent link: https://www.econbiz.de/10009369492

Coordinating to protect the global climate: Experimental evidence on the role of inequality and commitment

Tavoni, Alessandro; Dannenberg, Astrid; Löschel, Andreas - Zentrum für Europäische Wirtschaftsforschung (ZEW) - 2010

Free riding and coordination difficulties are held to be the primary causes of cooperation breakdown among nonrelatives. These thwarting effects are particularly severe in the absence of effective monitoring institutions capable of sanctioning deviant behavior. Unfortunately, solutions to global...

Persistent link: https://www.econbiz.de/10008548755

Elasticity of substitution between clean and dirty energy inputs: A macroeconomic perspective

Papageorgiou, Chris; Saam, Marianne; Schulte, Patrick - Zentrum für Europäische Wirtschaftsforschung (ZEW) - 2013

Recently Acemolgu, Aghion, Bursztyn and Hemous (AER 2012) formulated a model in which a high macroeconomic elasticity of substitution between clean and dirty production represents a crucial condition for green growth. Until now it has never been systematically estimated. Using a novel panel of...

Persistent link: https://www.econbiz.de/10010957762

General knowledge about climate change, factors influencing risk perception and willingness to insure

Menny, Claas; Osberghaus, Daniel; Pohl, Max; Werner, Ute - Zentrum für Europäische Wirtschaftsforschung (ZEW) - 2011

In two empirical surveys in Germany the link between the information respondents have about climate change and their risk perception of the phenomenon was analysed. We found that a better understanding of the effects of climate change might lead to a decrease of the perceived hazard. In...

Persistent link: https://www.econbiz.de/10009369497

Individual adaptation to climate change: The role of information and perceived risk

Osberghaus, Daniel; Finkel, Elyssa; Pohl, Max - Zentrum für Europäische Wirtschaftsforschung (ZEW) - 2010

Given that many of the predicted effects of climate change are considered imminent and unavoidable, the need to mainstream adaptation as a viable coping measure among private households is becoming a topic of increasing importance. However, little research to date has assessed the factors...

Persistent link: https://www.econbiz.de/10008694124

Total costs and budgetary effects of adaptation to climate change: An assessment for the European Union

Osberghaus, Daniel; Reif, Christiane - Zentrum für Europäische Wirtschaftsforschung (ZEW) - 2010

Adaptation to climate change is gaining increasing relevance in the public debate of climate policy. However, detailed and regionalised cost estimates as a basis for cost-benefit-analyses are rare. We compose available cost estimates for adaptation in Europe, and in particular Germany, Finland...

Persistent link: https://www.econbiz.de/10008548752

The economics of adaptation to climate change: the case of Germany

Dannenberg, Astrid; Mennel, Tim; Osberghaus, Daniel; … - Zentrum für Europäische Wirtschaftsforschung (ZEW) - 2009

Given the ubiquitous scarcity of resources an economic approach is necessary in order to determine an optimal strategy of adaptation to climate change. In this paper we develop an economic framework for the study of adaptation which allows us to distinguish between decentralized adaptation by...

Persistent link: https://www.econbiz.de/10008533549

Capped steam ahead: A case study among ship operators on a maritime ETS

Koesler, Simon; Achtnicht, Martin; Köhler, Jonathan - Zentrum für Europäische Wirtschaftsforschung (ZEW) - 2012

International shipping is an important emitter of greenhouse gases. The International Maritime Organization (IMO) is discussing different approaches to reduce maritime CO2 emissions, in particular market-based mechanisms. In this paper, we assess potential implications of a maritime emission...

Persistent link: https://www.econbiz.de/10010985674

Improving voluntary public good provision by a non-governmental, endogenous matching mechanism: Experimental evidence

Reif, Christiane; Rübbelke, Dirk; Löschel, Andreas - Zentrum für Europäische Wirtschaftsforschung (ZEW) - 2014

Social norms can help to foster cooperation and to overcome the free-rider problem in private provision of public goods. This paper focuses on the enforcement of social norms by a self-introduced punishment and reward scheme. We analyse if subjects achieve to implement a norm-enforcement...

Persistent link: https://www.econbiz.de/10010985626