Clerger, Gaspard; Chávez, Carlos; Villena, Mauricio; … - In: Estudios de Economía 36 (2009) 2, pp. 165-190
We study the cost-effectiveness of a transferable emissions permit system (TEPS) vis a vis a system of emissions standards. Our analysis includes along with abatement costs, the costs of enforcing the system to induce compliance. Further, the analysis considers complete and incomplete...
