Showing 1 - 10 of 16,016
Persistent link: https://www.econbiz.de/10011699230
Persistent link: https://www.econbiz.de/10001752632
Persistent link: https://www.econbiz.de/10012643993
-consistent policy rules that implement the stochastic first best as long as a future market exists. We apply our theory to carbon …
Persistent link: https://www.econbiz.de/10011939765
Persistent link: https://www.econbiz.de/10014383881
quantity-based policies (e.g., tradable permits) for controlling stock externalities. Applied to the problem of greenhouse … in such cases. For negative externalities, we find that less stringent controls and price instruments are both associated …
Persistent link: https://www.econbiz.de/10014159606
quantity-based policies (e.g., tradable permits) for controlling stock externalities. As in Weitzman (1974), the relative …
Persistent link: https://www.econbiz.de/10014113293
Persistent link: https://www.econbiz.de/10012795242
It is difficult to resolve the global warming free-rider externality problem by negotiating many different quantity targets. By contrast, negotiating a single internationally-binding minimum carbon price (the proceeds from which are domestically retained) counters self-interest by incentivizing...
Persistent link: https://www.econbiz.de/10012993242
It is difficult to resolve the global warming free-rider externality problem by negotiating many different quantity targets. By contrast, negotiating a single internationally-binding minimum carbon price (the proceeds from which are domestically retained) counters self-interest by incentivizing...
Persistent link: https://www.econbiz.de/10012456478