Windfall Profits Under Pollution Permits and Output-Based Allocation
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DOI: 10.1007/s10640-016-0096-1
Abstract: This paper analyzes the implementation of pollution permits. It focuses on the distributional impacts linked with the stringency of output-based allocation when two sectors are covered by the market for permits and the total cap… read more here.
Keywords: based allocation; output; output based; pollution permits ... See more keywords
Strategic trade in pollution permits
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DOI: 10.1016/j.jeem.2017.04.009
Abstract: Markets for pollution have become a popular regulatory instrument. In this article we investigate the implications of strategic trade in pollution permits. The permit market is developed as a strategic market game, where all firms… read more here.
Keywords: market; pollution permits; trade; strategic trade ... See more keywords