Cherry, Todd L.; Kallbekken, Steffen; Kroll, Stephan - In: Resource and Energy Economics 38 (2014) C, pp. 84-95
This paper examines the political difficulty of enacting welfare-enhancing environmental taxes. Using referenda in a market experiment with externalities, we investigate the effect of trial periods on the acceptability of two theoretically equivalent Pigouvian tax schemes. While implementing...