This paper investigates the price vs quantity choice (taxes vs quotas) for multiple stock pollutants that can accumulate over time and interact mutually into abatement costs or environmental damages, when firms have private information. The analytic condition for favoring quotas over taxes was...

We examine how attitudes and willingness to pay (WTP) for climate policies have changed over the past decade in the United States, China, and Sweden. All three countries exhibit an increased willingness to pay for climate mitigation. Ten years ago, Sweden had a larger fraction of believers in...