technology and make production, entry, and abatement decisions. Polluting firms are subject to a carbon price and abatement is …

, we consider a policy regime with a reversed timing. Firms commit themselves in the face of emission taxes to abatement … polluting input. The reward for this behaviour will be a less strict use of policy instruments and hence lower abatement costs …

pollutant accumulation. In this paper we examine the implications of the sources of inertia on the design of public incentives …

proposes a positive theory of environmental instrument choice that can be used to explain this trend. We imagine a democratic … environmental targets, learning-by-doing driven reductions in transaction costs associated with permit trading, and (abatement) cost …

We study the environmental and economic effects of public abatement in the presence of multiple stable steady … ecological equilibrium is hysteretic and a suitably designed temporary abatement policy can be used to steer the environment from … the bad to the good equilibrium. In all models considered in this paper, a cold turkey abatement policy is optimal, i …

incentives to adopt and to develop environmentally more friendly technologies for different policy tools and in different …