This paper reports an experiment that studies the behavior of a monopolist on sequential auction markets for tradable permits. Using six sessions in a triple ABA crossover design, we investigate the cost-effectiveness of permit allocations and the division of trade gains on sequential bid,...

The environmental Kuznets curve theory suggests that economic growth may reduce environmental problems. In this article, we analyze the changes in environmentally damaging emissions to air in Norway from 1980 to 1996. In order to reveal the factors which decrease the emissions per produced unit,...

The Earth Charter, based on the model of the United Nations Charter on Human Rights, is circulating in Green Circles. Deirdre McCloskey spells out what's bad and false about the Charter. Although Ms. McCloskey hopes the Charter fails, she is not hopeful. The document, written by biologists and...