the consequences of regulators sequentially announcing domestic allocation caps. We find the sequential choice of domestic … allocation caps is sub-optimal and depends on the follower's reaction to the leader's choice. Furthermore, the marginal damage …

the consequences of regulators sequentially announcing domestic allocation caps. We find the sequential choice of domestic … allocation caps is sub-optimal and depends on the follower's reaction to the leader's choice. Furthermore, the marginal damage …

based allocation (Australia, California, New Zealand) and capacity based allocation (EU). This paper characterizes the best … output and capacity based allocation is proved to be the optimal second best policy. The EU scheme for 2013-2020 is discussed …, using cement as a case study. -- cap and trade ; output based allocation ; subsidization of capacity ; climate policy …

free allocation of permits, which is a policy argument against grandfathering and in favor of auctioning. This effect is …

The aim of this paper is to extend existing literature on carbon allowance allocation, investigating the impact of … decrease in the total output. An output-based allocation model in Cournot Oligopoly will be used. We will adopt the National … Allocation Plan (NAP) of UK for the Second Phase (2005-07) as a case study. -- Carbon allowances ; Permits allocation ; EU ETS …