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Tradable Permits – a Market-Based Allocation System for the Environment. Tradable Permits and Other Environmental Policy Instruments – Killing one Bird with two Stones. Tradable Permits – Ten Key Design Issues. Tradable Permits with Imperfect Monitoring. Emissions Trading with Greenhouse...
Persistent link: https://www.econbiz.de/10011695725
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Als Antwort auf den drohenden Klimawandel wird derzeit eine Strategie des Klimaschutzes verfolgt, die die Reduktion des … CO2-Ausstoßes zum Ziel hat. Dabei wird die zusätzliche Option der Anpassung an den Klimawandel weitgehend vernachlässigt …
Persistent link: https://www.econbiz.de/10010377710
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of the marginal contributions for environments with externalities. The dummy property related to it is defined. We adapt … theory of games II. Princeton University Press, Princeton, pp 307317, 1953) to characterize our value. In addition, we … average approach provided by Macho-Stadler et al. (J Econ Theory 135:339-356, 2007). …
Persistent link: https://www.econbiz.de/10010317092
In a relatively recent paper, Gehrig and Stenbacka (Eur Econ Rev 51, 77-99, 2007) show that information sharing increases banks' profits to the detriment of creditworthy entrepreneurs in a model of a banking duopoly with switching costs and poaching. They restrict their analysis to the case in...
Persistent link: https://www.econbiz.de/10010317121
Quasilinear preferences on a public good and a numeraire good are limits of preferences where both goods are normal. The set of equilibria of the voluntary contribution (or private provision) game is easily characterized under quasilinearity by: top valuators aggregately contribute their common...
Persistent link: https://www.econbiz.de/10010317090
We consider a model of polluting firms subject to tax on emissions, monitoring, and penalties in case of underreporting and which face a choice between a more expensive clean and a less expensive dirty technology. Moreover, emissions are subject to random events.We show that the optimal...
Persistent link: https://www.econbiz.de/10010317114
Future costs arising from climate change and the transformation of the energy system are investigated using a modified version of the Multi-Actor Dynamic Integrated Assessment Model (MADIAM). A cost-benefit analysis is applied to compute optimal business investment scenarios. The economic core...
Persistent link: https://www.econbiz.de/10010377717
The analysis of climate change is confronted with large uncertainties that need to be taken into account to arrive at meaningful policy recommendations. The main contribution of economics to this interdisciplinary task is to provide formal frameworks and techniques for analyzing climate policy...
Persistent link: https://www.econbiz.de/10010313788