International emissions trading: Good or bad?
AbstractUsing a non-cooperative climate policy game applied in the literature, we find that an agreement with international emissions trading leads to increased emissions and reduced efficiency.
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Bibliographic InfoArticle provided by Elsevier in its journal Economics Letters.
Volume (Year): 117 (2012)
Issue (Month): 1 ()
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Web page: http://www.elsevier.com/locate/ecolet
Climate change; International environmental agreements; Emissions trading; Non-cooperative game theory;
Find related papers by JEL classification:
- C7 - Mathematical and Quantitative Methods - - Game Theory and Bargaining Theory
- Q2 - Agricultural and Natural Resource Economics; Environmental and Ecological Economics - - Renewable Resources and Conservation
- Q4 - Agricultural and Natural Resource Economics; Environmental and Ecological Economics - - Energy
Please report citation or reference errors to , or , if you are the registered author of the cited work, log in to your RePEc Author Service profile, click on "citations" and make appropriate adjustments.:
- Peter Cramton & Steven Stoft, 2010. "International Climate Games: From Caps to Cooperation," Papers of Peter Cramton 10icg, University of Maryland, Department of Economics - Peter Cramton, revised 2010.
- Carbone, Jared C. & Helm, Carsten & Rutherford, Thomas F., 2009.
"The case for international emission trade in the absence of cooperative climate policy,"
Journal of Environmental Economics and Management,
Elsevier, vol. 58(3), pages 266-280, November.
- Carbone, Jared C. & Helm, Carsten & Rutherford, Thomas F., 2008. "The Case for International Emission Trade in the Absence of Cooperative Climate Policy," Darmstadt Discussion Papers in Economics 35491, Darmstadt Technical University, Department of Business Administration, Economics and Law, Institute of Economics (VWL).
- Cramton Peter & Stoft Steven, 2010.
"Price Is a Better Climate Commitment,"
The Economists' Voice,
De Gruyter, vol. 7(1), pages 1-7, February.
- Helm, Carsten, 2003. "International emissions trading with endogenous allowance choices," Journal of Public Economics, Elsevier, vol. 87(12), pages 2737-2747, December.
- Odd Godal & Bjart Holtsmark, 2011. "Permit Trading: Merely an Efficiency‐Neutral Redistribution away from Climate‐Change Victims?," Scandinavian Journal of Economics, Wiley Blackwell, vol. 113(4), pages 784-797, December.
- MacKenzie, Ian A., 2011. "Tradable permit allocations and sequential choice," Resource and Energy Economics, Elsevier, vol. 33(1), pages 268-278, January.
- Finus, Michael, 2008. "Game Theoretic Research on the Design of International Environmental Agreements: Insights, Critical Remarks, and Future Challenges," International Review of Environmental and Resource Economics, now publishers, vol. 2(1), pages 29-67, June.
- Christoph Böhringer & Dijkstra Bouwe & Knut Einar Rosendahl, 2011.
"Sectoral and Regional Expansion of Emissions Trading,"
V-337-11, University of Oldenburg, Department of Economics, revised Jun 2011.
- Christoph Böhringer & Bouwe Dijkstra & Knut Einar Rosendahl, 2011. "Sectoral and regional expansion of emissions trading," Discussion Papers 654, Research Department of Statistics Norway.
- Bjart Holtsmark & Dag Einar Sommervoll, 2012. "International emissions trading in a noncooperative climate policy game," Discussion Papers 693, Research Department of Statistics Norway.
- repec:old:wpaper:337-11 is not listed on IDEAS
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