Meran, Georg; Schwarze, Reimund - Department Ökonomie, Helmholtz Zentrum für … - 2015
This paper develops an analytical framework for studying the Baumol-Oates efficiency of traditional single instrument abatementpolicies vis-à-vis green defaults in the face of price inertia and deliberate defaultingby subpopulations. In this special case ofbehavioural heterogeneity, command and...