Similar Search Results

Taxes versus quantities for a stock pollutant with endogenous abatement costs and asymmetric information

Karp, Larry; Zhang, Jiangfeng - In: Economic Theory 49 (2012) 2, pp. 371-409

Persistent link: https://www.econbiz.de/10010539244

Taxes Versus Quantities for a Stock Pollutant with Endogenous Abatement Costs and Asymmetric Information

Karp, Larry; Zhang, Jiangfeng - Department of Agricultural and Resource Economics, … - 2008

Non-strategic firms with rational expectations make investment and emissions decisions. The investment rule depends on … taxes create a secondary distortion at the investment stage, unless a particular condition holds; emissions quotas do not …

Persistent link: https://www.econbiz.de/10008583457

Taxes Versus Quantities for a Stock Pollutant with Endogenous Abatement Costs and Asymmetric Information

Karp, Larry; Zhang, Jiangfeng - Department of Agricultural and Resource Economics, … - 2008

Persistent link: https://www.econbiz.de/10011130807

Controlling a stock pollutant with endogenous investment and asymmetric information

Karp, Larry; Zhang, Jiangfeng - 2001

Persistent link: https://www.econbiz.de/10011608857

Regulation of Stock Externalities with Correlated Abatement Costs

Karp, Larry; Zhang, Jiangfeng - In: Environmental & Resource Economics 32 (2005) 2, pp. 273-300

We study a dynamic regulation model where firms’ actions contribute to a stock externality. The regulator and firms have asymmetric information about serially correlated abatement costs. With price-based policies such as taxes, or if firms trade quotas efficiently, the regulator learns about...

Persistent link: https://www.econbiz.de/10005681074

Regulation of Stock Externalities with Correlated Costs

Karp, Larry; Zhang, Jiangfeng - Department of Agricultural and Resource Economics, … - 2003

We study a dynamic regulation model where firmsâ€™ actions contribute to a stock externality. The regulator and firms have asymmetric information about serially correlated abatement costs. With price-based policies such as taxes, or if firms trade quotas efficiently, the regulator learns...

Persistent link: https://www.econbiz.de/10011130810

Bayesian Learning and the Regulation of Greenhouse Gas Emissions

Karp, Larry; Zhang, Jiangfeng - Department of Agricultural and Resource Economics, … - 2001

We study the importance of anticipated learning - about both environmental damages and abatement costs - in determining the level and the method of controlling greenhouse gas emissions. We also compare active learning, passive learning, and parameter uncertainty without learning. Current beliefs...

Persistent link: https://www.econbiz.de/10010537411

Prices vs. quantities in a dynamic problem: Externalities from resource extraction

Briggs, R.J. - In: Resource and Energy Economics 33 (2011) 4, pp. 843-854

This paper shows how a stationary tax policy can optimally address a flow externality associated with resource extraction when the policymaker faces asymmetric information. In the model I consider, the policymaker must set policy in each period before the realization of a price shock. Resource...

Persistent link: https://www.econbiz.de/10010572558

Taxes versus quantities for a stock pollutant with endogenous abatement costs and asymmetric information

Karp, Larry S. (contributor); Zhang, Jiangfeng (contributor) - 2008

Persistent link: https://www.econbiz.de/10003769179

Information, expectations and stock market prices : what's wrong with the "extended q" model of investment behaviour

Eboli, Mario - In: Studi economici : rivista quadrimestrale 54 (1999) 2, pp. 81-94

Persistent link: https://www.econbiz.de/10001426419

1
2
3
4
5
6
7
8
9
10
Next
Last