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The paper compares emission tax and emission quota in a mixed duopoly when the partial privatization of a public firm … its profit and the sum of consumer surplus and producer surplus. We show that emission tax is welfare superior to emission … quota regardless of the degree of partial privatization in (1), whereas the former is inferior to the latter when the degree …
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In a laboratory experiment we test three regulations imposed on a common-pool resource game with heterogeneous users: an access fee and subsidy scheme, transferable quotas and non-transferable quotas. We calibrate the game so that all regulations improve users’ profits compared to free-access...
Persistent link: https://www.econbiz.de/10010862733
In a laboratory experiment we test the three regulations imposed on a common-pool resource game with heterougeneous users: an access fee and subsidy scheme, transferable quotas and non transferable quotas? We calibrate the game so that all regulations improve users' profits compared to...
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derive second-best regulatory schemes (tax and quota) assuming that the firm’s technical efficiency is unknown to the …
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Nous testons en laboratoire trois instruments destinés à réguler l’exploitation d’une ressource commune par des agents hétérogènes : un système de taxes et de subventions, des quotas individuels transférables et non transférables. Nous proposons un modèle dans lequel l’objectif...
Persistent link: https://www.econbiz.de/10011141989