"Although international programs for carbon offsets play an important role in current and prospective climate-change policy, they continue to be very controversial. Asymmetric information creates several incentive problems, include adverse selection and moral hazard, in offset markets. The...

Although international programs for carbon offsets play an important role in current and prospective climate-change policy, they continue to be very controversial. Asymmetric information creates several incentive problems, include adverse selection and moral hazard, in offset markets. The...

Although international programs for carbon offsets play an important role in current and prospective climate-change policy, they continue to be very controversial. Asymmetric information creates several incentive problems, include adverse selection and moral hazard, in offset markets. The...

Prof. Martin Werding, Ruhr-Universität Bochum, hat in Kooperation mit dem ifo Institut, München, und im Auftrag des Bundesministeriums der Finanzen in der vorliegenden Studie aktualisierte Berechnungen zur Tragfähigkeit der öffentlichen Finanzen erstellt. Dabei wird mit annahmegestützten...