Lee, Tsung-Chen; Chen, Hsiao-Chi; Liu, Shi-Miin - In: Environmental Economics and Policy Studies 15 (2013) 1, pp. 39-57
This paper analyzes governments’ strategic regulations in an imperfectly competitive market of international emissions trading (IET). Whether and how governments intervene in IET is explored. If regulations are decided, it is optimal for price-influencing countries to subsidize but for...