Tell the truth or not? The montero mechanism for emissions control at work
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DOI: 10.1016/j.jeem.2019.02.004
Abstract: We experimentally test the truth-telling mechanism proposed by Montero (2008) for eliciting firms' abatement costs. We compare this mechanism with two well-known alternative allocation mechanisms, grandfathering and pure auctioning. We conducted 27 treatments with a… read more here.
Keywords: pure auctioning; tell truth; montero mechanism; montero ... See more keywords