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Prices versus quantities reassessed
Karp, Larry S.; Traeger, Christian - 2018
"Prices versus quantities" (Weitzman 1974), a hugely influential paper, is widely cited (and taught) in current debates about the best policy to reduce greenhouse gas emissions. The paper's criterion for ranking policies suggests that technological uncertainty favors taxes over cap and trade....
Persistent link: https://www.econbiz.de/10011927948
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Does carbon risk amplify environmental uncertainty?
Gao, Bin; Zhang, Jinlong; Liu, Xiaofeng - In: International review of economics & finance : IREF 88 (2023), pp. 594-606
Persistent link: https://www.econbiz.de/10014474626
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A synthesis of unilateral approaches to mitigating emissions leakage under incomplete policies
Rajagopal, D. - In: Climate policy 17 (2017) 5, pp. 573-590
Persistent link: https://www.econbiz.de/10012003422
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Optimal stabilization in an emission permits market
Gerlagh, Reyer; Wan, Roweno J.R.K - 2018
We develop a 2-period emission trading model for a stock pollutant with demand shocks resolving over time. We find precise conditions for efficiency of a stabilization mechanism where cumulative available permits decrease with excess supply in early periods. Our model describes the stabilization...
Persistent link: https://www.econbiz.de/10011810102
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Regulating stock externalities
Gerlagh, Reyer; Heijmans, Roweno - 2018
We develop a dynamic regulation game for a stock externality under asymmetric information and future market uncertainty …. Within this framework, regulation is characterized as the implementation of a welfare-maximization program conditional on …-consistent policy rules that implement the stochastic first best as long as a future market exists. We apply our theory to carbon …
Persistent link: https://www.econbiz.de/10011939765
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Emission discharge permits with regulatory tiering : numerical simulations with a computer-assisted smart market
Willett, Keith D.; Čaplánová, Anetta; Sivak, Rudolf - In: Journal of environmental economics and policy 4 (2015) 3, pp. 259-277
Persistent link: https://www.econbiz.de/10011439575
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Pollution regulation of competitive markets
Anand, Krishnan S.; Giraud-Carrier, François C. - In: Management science : journal of the Institute for … 66 (2020) 9, pp. 4193-4206
Persistent link: https://www.econbiz.de/10012297810
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Quantity and collection decisions of the remanufacturing enterprise under both the take-back and carbon emission capacity regulations
Chen, Yuyu; Li, Bangyi; Zhang, Guoqing; Bai, Qingguo - In: Transportation research / E : an international journal 141 (2020), pp. 1-19
Persistent link: https://www.econbiz.de/10012299617
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Emission regulation of markets with sluggish supply structures
Storrøsten, Halvor Briseid - In: Environmental and resource economics 77 (2020) 1, pp. 1-33
Persistent link: https://www.econbiz.de/10012289977
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Smart cap
Traeger, Christian; Karp, Larry S. - 2021
Persistent link: https://www.econbiz.de/10012493140