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We explore the design of self-financing tax/subsidy mechanisms to solve hold-up problems in environmental regulation. Under Cournot competition, announcing the subsidy rate seems to be preferable to announcing the tax rate. Moreover, for constant marginal damage the hold-up problem can always be...
Persistent link: https://www.econbiz.de/10010271818
We explore the design of self-financing tax-subsidy schemes to solve hold-up problems in environmental regulation. The announcement of the tax rate seems to be preferable to solve hold-up problems with respect to the investment in environmental R&D. In contrast, only the announcement of the...
Persistent link: https://www.econbiz.de/10010297498
We consider the application of self-financing tax/subsidy mechanisms in environmental regulation and explore the question whether these mechanisms yield strong investment incentives in a market with many firms under Cournot competition. It turns out that the tax/subsidy mechanism with the...
Persistent link: https://www.econbiz.de/10010297499
This study attempts to identify the measures and policies related to the institutional development of the EU in the 1990s and the mechanisms that resulted in specific consequences on the automobile industry. The removal of visible and invisible barriers to internal trade has promoted the...
Persistent link: https://www.econbiz.de/10009402011
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
Persistent link: https://www.econbiz.de/10011695726
Persistent link: https://www.econbiz.de/10014503565
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/10004998568
Persistent link: https://www.econbiz.de/10004998742
Nonpoint pollution from agriculture is an emerging issue in the environmental policy of the European Union. Dynamic optimisation techniques are important in nonpoint pollution, and neglect of dynamic aspects may seriously mislead the proper design of policy measures. This paper presents an...
Persistent link: https://www.econbiz.de/10005751960