Showing 1 - 10 of 27
Persistent link: https://www.econbiz.de/10001622680
The paper examines the incentives of Governments to introduce green taxes instead of emission licenses. We take into account the fact that licenses are durable goods, and distinguish Governements that may have fiscal goals as well as ecological ones. Taxes solve the credibility problem a...
Persistent link: https://www.econbiz.de/10001745180
Persistent link: https://www.econbiz.de/10001747939
This paper analyzes the incentive effects of pollution taxes versus pollution permits for a budget oriented Government. Pollution permits are analyzed as durable goods, and a pollution tax is seen as an equivalent to leasing pollution permits. First, a general model is developed and then four...
Persistent link: https://www.econbiz.de/10014111054
Persistent link: https://www.econbiz.de/10015143452
This paper analyzes the incentive effects of pollution taxes versus pollution permits for a revenue maximizing Government that also pursues environmental objectives. In our model, pollution permits are analyzed as durable goods, and the leasing of pollution permits is seen as an equivalent to a...
Persistent link: https://www.econbiz.de/10003188156
This paper examines the relation between crowd support and home advantage in professional football in making use of a unique “natural experiment” induced by restrictions due to the Corona pandemic: so-called ghost games in the top three German football divisions during the 2019/2020 season....
Persistent link: https://www.econbiz.de/10012287309
This paper examines the relation between crowd support and home advantage in professional soccer. For that purpose, we make use of a unique "natural experiment": so-called ghost games in the three top divisions of German professional soccer during the Corona pandemic. We find that there is a...
Persistent link: https://www.econbiz.de/10012241875
Betting markets have been frequently used as a natural laboratory to test the efficient market hypothesis and to obtain insights especially for financial markets. We add to this literature in analyzing the velocity and accuracy in which market expectations adapt to an exogenous shock: the...
Persistent link: https://www.econbiz.de/10012271737
Persistent link: https://www.econbiz.de/10012662205