Ehrhart, Karl-Martin; Hoppe, Christian; Schleich, Joachim; … - Sonderforschungsbereich 504 "Rationalitätskonzepte, …; … - 2004
We investigate the problem of optimally timing production schedules in an emissions trading regime that does not allow the transfer of unused allowances into future periods. We show that companies that produce storable goods partially shift the production to prior periods and imitate - by...