Narrow search
Showing 1 - 10 of 150
Cover Image
Multiple Pollutants, Uncovered Sectors, and Suboptimal Environmental Policies
Fullerton, Don; Karney, Dan - CESifo - 2014
In our analytical general equilibrium model where two polluting inputs can be substitutes or complements in production, we study the effects of a tax on one pollutant in two cases: one where both pollutants face taxes and the second where the other pollutant is subject to a permit policy. In...
Persistent link: https://www.econbiz.de/10010877846
Cover Image
Do Permit Allocations Matter?
Verbon, Harrie A. A; Withagen, Cees A. - CESifo - 2010
In the standard setting a system of tradable permits is effective and cost-efficient in attaining the policy objective of pollution reduction. This outcome is challenged in case of a tradable permit system in a federal system/constitution with individual states having discretionary power...
Persistent link: https://www.econbiz.de/10008727284
Cover Image
On the Political Economy of Environmental Policy
Kirchgässner, Gebhard; Schneider, Friedrich - CESifo - 2002
In the past there was hardly any use of economic instruments in environmental policy, mainly command and control measures were used. More recently, ecological taxes as well as tradable permits became more popular and voluntary agreements have been imple-mented. Using the Public Choice ap-proach...
Persistent link: https://www.econbiz.de/10005051508
Cover Image
Tradable Emission Permits in a Federal System
Verbon, Harrie A. A; Withagen, Cees A. - CESifo - 2005
A system of tradable permits in the standard setting is effective in attaining the policy objective with regard to pollution reduction at the least cost. This outcome is challenged in case of a tradable permit system in a federal state with individual states having discretionary power regarding...
Persistent link: https://www.econbiz.de/10005181612
Cover Image
Auctions vs. Negotiations : The Case of Favoritism
Gretschko, Vitali - 2013
– that an intransparent negotiation yields a higher buyer surplus than a transparent auction for a range of parameters. In …
Persistent link: https://www.econbiz.de/10013089156
Cover Image
Charity Auctions for the Happy Few
Bos, Olivier - 2008
different distributions. Furthermore, we also analyze second-price all-pay auction. Finally, we show that individual minimum … bids could improve the relative revenue performance of first-price all-pay compared to first-price winner-pay auction …
Persistent link: https://www.econbiz.de/10012770254
Cover Image
An Externality-Robust Auction : Theory and Experimental Evidence
Bartling, Björn - 2014
An auction is externality-robust if unilateral deviations from equilibrium leave the other bidders' payoffs unaffected … externalities due to spiteful preferences, which have been used to explain overbidding in the second-price auction (SPA). Another … example are cross-shareholdings between companies that compete in an auction. We derive an auction that coincides with the SPA …
Persistent link: https://www.econbiz.de/10013054012
Cover Image
Treasury Auctions and Secondary Market Dynamics. An Analysis Based on the MTS Market for Italy
Cafiso, Gianluca - 2015
deeper and more accurately these two findings by taking Italy as a case study. Our results question the so-called auction …
Persistent link: https://www.econbiz.de/10013021758
Cover Image
Optimal Cost Overruns : Procurement Auctions and Renegotiation
Herweg, Fabian - 2016
a simple design initially enhances competition in the auction. Moreover, the procurer cannot benefit from using a multi …-dimensional auction, as the optimal scoring rule depends only on the price …
Persistent link: https://www.econbiz.de/10012993698
Cover Image
Debt Sustainability in the Case of External Debt. An Analysis Based on Italy's Treasury Auctions
Cafiso, Gianluca - 2014
The objective of this paper is to assess whether external debt makes a difference for public debt stabilization, where external debt is considered through the non-residents' holdings according to a Balance of Payments perspective. The analysis is empirical and considers the case of Italy, one of...
Persistent link: https://www.econbiz.de/10013044665