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Chapter 3. Property Rights, Public Goods and the Environment

Starrett, David A. - In: Handbook of environmental economics : volume 1, …, (pp. 97-125). 2003

We delineate the various ways in which rights to environmental and other resources can be assigned to individuals or groups. We then examine models of individual and group interactions, drawing out their implications for the ways in which resources will be utilized and managed under various...

Persistent link: https://www.econbiz.de/10014023942

Disposal of petroleum installations : major policy issues

Osmundsen, Petter; Tveterås, Ragnar - 2000

Following the Brent Spar controversy, the OSPAR countries reached a unanimous agreement in 1998 for the future rules for disposal of petroleum installations. The vast majority of existing offshore installations will be re-used or returned to shore for recycling or disposal. For installations...

Persistent link: https://www.econbiz.de/10009781556

Abatement innovation in a cournot oligopoly : emission versus output tax incentives

Aoyama, Naoto; Silva, Emilson C. D. - 2016

This study compares energy and emission taxes used to control pollution and provide incentives for the adoption of an advanced abatement technology in a Cournot oligopoly. We examine multistage games where the government may intervene in order to maximize social welfare by setting an...

Persistent link: https://www.econbiz.de/10011540791

Environmental tax reform in a federation with rent-induced migration

Garon, Jean-Denis; Séguin, Charles - 2015

We study the welfare effects of a revenue-neutral green tax reform in a federation. The reform consists of increasing a tax on a polluting input and reducing that on labor income. Households are fully mobile within the federation. Regions are unequally endowed with a nonrenewable natural...

Persistent link: https://www.econbiz.de/10010496890

Social status, preferences for redistribution and optimal taxation : a survey

Gallice, Andrea - 2018

The author reviews recent studies of how social status concerns influence individual preferences for redistribution and impact the design of optimal tax policies. He focuses on two aspects: the relevant dimension over which relative concerns are defined and the different formalizations of the...

Persistent link: https://www.econbiz.de/10011816453

Social status, preferences for redistribution and optimal taxation : a survey

Gallice, Andrea - 2018

The author reviews recent studies that investigate how social status concerns influence individual preferences for redistribution and impact the design of optimal tax policies. He focuses on two aspects: the relevant dimension over which relative concerns are defined and the different...

Persistent link: https://www.econbiz.de/10011892338

In search of Santa Claus : Samuelson, Stigler, and Coase theorem worlds

Medema, Steven G. - 2021 - Version 1.4

One of the more striking features of the debate over the Coase theorem is the wide variety of models and theoretical frameworks used to discuss, evaluate, or otherwise analyze Coase’s result - an artifact of an ambiguity in Coase’s reasoning. Some framed Coase’s result in a bargaining...

Persistent link: https://www.econbiz.de/10012648438

Externalities and market failures of cryptocurrencies

Hokkanen, Topi - 2023

This paper discusses the externalities and market failures in cryptocurrency markets. In particular, I highlight the … significant environmental externalities created by Proof-of-Work (PoW) cryptocurrencies, the most prominent of which is Bitcoin …. The main goals of this paper are to quantify these externalities, illustrate the mechanisms by which they arise, and …

Persistent link: https://www.econbiz.de/10014422325

Second-best urban tolls in a monocentric city with housing market regulations

Tikoudis, Ioannis; Verhoef, Erik T.; Ommeren, Jos van - 2015

This paper investigates second-best congestion pricing in a monocentric city characterized by distortionary, rigid regulatory mechanisms in the housing market (building height restrictions, zoning and property taxation). The Pigouvian toll is shown to retain its optimality under any setting with...

Persistent link: https://www.econbiz.de/10010464784

Understanding "The Problem of Social Cost"

baffi, enrico - Volkswirtschaftliche Fakultät, … - 2013

This paper examines the positions of Coase and Pigou in regard to the problem of external effects (externalities …

Persistent link: https://www.econbiz.de/10011260441