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Political competition within and between parties: an application to environmental policy

Cremer, Helmuth; De Donder, Philippe; Gahvari, Firouz - C.E.P.R. Discussion Papers - 2005

the Party Unanimity Nash Equilibrium (PUNE). We calibrate the model using U.S. data and compute the PUNEs numerically. Two …

Persistent link: https://www.econbiz.de/10005791834

Political competition within and between parties: An application to environmental policy

Cremer, Helmut; Donder, Philippe De; Firouz, Gahvari - Département Sciences Sociales, Agriculture et … - 2007

equilibrium solution concept is the Party Unanimity Nash Equilibrium (PUNE). We calibrate the model using U.S. data and compute …

Persistent link: https://www.econbiz.de/10011141714

Energy Taxes in Three Political Economy Models

Cremer, Helmuth; De Donder, Philippe; Gahvari, Firouz - In: The B.E. Journal of Economic Analysis & Policy 7 (2007) 1

political competition with the "Party Unanimity Nash Equilibrium" (PUNE) as the equilibrium solution concept. Our economic model … subsidy, the PUNE approach leads to huge environmental taxes. Our tentative results suggest that the probabilistic model …

Persistent link: https://www.econbiz.de/10014587639

Energy Taxes in Three Political Economy Models

Cremer, Helmuth; Donder, Philippe De; Gahvari, Firouz - In: Advances in Economic Analysis & Policy 7 (2007) 1, pp. 1707-1707

with the "Party Unanimity Nash Equilibrium" (PUNE) as the equilibrium solution concept. Our economic model is calibrated on … the basis of the US data. The paper shows that while the majority-voting approach calls for a massive subsidy, the PUNE …

Persistent link: https://www.econbiz.de/10005579390

Designing efficient markets for carbon offsets with distributional constraints

Bento, Antonio; Kanbur, Ravi; Leard, Benjamin - In: Journal of environmental economics and management : … 70 (2015), pp. 51-71

Persistent link: https://www.econbiz.de/10011575091

Designing efficient markets for carbon offsets with distributional constraints

Bento, Antonio M.; Kanbur, Ravi; Leard, Benjamin - In: Journal of Environmental Economics and Management 70 (2015) C, pp. 51-71

This paper presents an assessment of the relative efficacy of three key instruments – baselines, trade ratios and limits - which are under policy discussion in the design of carbon offset programs. We rank the instruments by their implications for total emissions, economic efficiency, and...

Persistent link: https://www.econbiz.de/10011208579