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Optimal pollution permit endowments in markets with endogenous emissions

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  • Smith, Stefani C.
  • Yates, Andrew J.

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Bibliographic Info

Article provided by Elsevier in its journal Journal of Environmental Economics and Management.

Volume (Year): 46 (2003)
Issue (Month): 3 (November)
Pages: 425-445

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Handle: RePEc:eee:jeeman:v:46:y:2003:i:3:p:425-445

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Web page: http://www.elsevier.com/locate/inca/622870

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References

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  1. Montgomery, W. David, 1972. "Markets in licenses and efficient pollution control programs," Journal of Economic Theory, Elsevier, Elsevier, vol. 5(3), pages 395-418, December.
  2. Ratna Shrestha, 1998. "Uncertainty and the Choice of Policy Instruments: A Note On Baumol and Oates Propositions," Environmental & Resource Economics, European Association of Environmental and Resource Economists, European Association of Environmental and Resource Economists, vol. 12(4), pages 497-505, December.
  3. M. L. Weitzman, 1973. "Prices vs. Quantities," Working papers, Massachusetts Institute of Technology (MIT), Department of Economics 106, Massachusetts Institute of Technology (MIT), Department of Economics.
  4. Sandy Grossman, 2010. "A Bayesian Approach to the Production of Information and Learning by Doing," Levine's Working Paper Archive 230, David K. Levine.
  5. Amparo Urbano Salvador & Larry Samuelson & Leonard J. Mirman, 1990. "Monopoly experimentation," Working Papers. Serie AD, Instituto Valenciano de Investigaciones Económicas, S.A. (Ivie) 1990-04, Instituto Valenciano de Investigaciones Económicas, S.A. (Ivie).
  6. Boyd, John III & Conley, John P., 1997. "Fundamental Nonconvexities in Arrovian Markets and a Coasian Solution to the Problem of Externalities," Journal of Economic Theory, Elsevier, Elsevier, vol. 72(2), pages 388-407, February.
  7. Michael Ahlheim & Friedrich Schneider, 2000. "Allowing for household preferences in emission trading-A contribution to the climate policy debate," Economics working papers, Department of Economics, Johannes Kepler University Linz, Austria 2000-09, Department of Economics, Johannes Kepler University Linz, Austria.
  8. Creane, Anthony, 1994. "Experimentation with Heteroskedastic Noise," Economic Theory, Springer, Springer, vol. 4(2), pages 275-86, March.
  9. Grossman, Sanford J & Kihlstrom, Richard E & Mirman, Leonard J, 1977. "A Bayesian Approach to the Production of Information and Learning by Doing," Review of Economic Studies, Wiley Blackwell, Wiley Blackwell, vol. 44(3), pages 533-47, October.
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Citations

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Cited by:
  1. Malueg, David A. & Yates, Andrew J., 2006. "Citizen participation in pollution permit markets," Journal of Environmental Economics and Management, Elsevier, Elsevier, vol. 51(2), pages 205-217, March.
  2. Andrew Yates & Daniel English, 2007. "Citizens' demand for permits and Kwerel''s incentive compatible mechanism for pollution control," Economics Bulletin, AccessEcon, vol. 17(4), pages 1-9.
  3. Chung, Sung H. & Weaver, Robert D. & Friesz, Terry L., 2012. "Oligopolies in pollution permit markets: A dynamic game approach," International Journal of Production Economics, Elsevier, Elsevier, vol. 140(1), pages 48-56.
  4. repec:ebl:ecbull:v:17:y:2007:i:4:p:1-9 is not listed on IDEAS
  5. Stefan Weishaar, 2007. "CO 2 emission allowance allocation mechanisms, allocative efficiency and the environment: a static and dynamic perspective," European Journal of Law and Economics, Springer, Springer, vol. 24(1), pages 29-70, August.
  6. Asproudis, Elias & Weyman-Jones, Tom, 2011. "Third parties �participation in tradable permits market. Do we need them?," MPRA Paper 28766, University Library of Munich, Germany.
  7. Majid Ahmadian, 2011. "Dynamics Emission for a Polluting Industry," Iranian Economic Review, Economics faculty of Tehran university, Economics faculty of Tehran university, vol. 16(3), pages 93-102, fall.
  8. Dafna Eshel & Richard Sexton, 2009. "Allowing communities to trade in imperfectly competitive pollution-permit markets," Journal of Regulatory Economics, Springer, Springer, vol. 36(1), pages 60-82, August.

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