Wood, Peter J.; Heindl, Peter; Jotzo, Frank; Löschel, … - Zentrum für Europäische Wirtschaftsforschung (ZEW) - 2013
This paper examines the linking of price-based and quantity-based provision of a public good by two parties in the example of pollution control under a global quantity constraint, using a stochastic partial-equilibrium model. One country chooses a price-based instrument (tax) and trades with...