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Allocating Tradable Permits on the Basis of Market Price to Achieve Cost Effectiveness

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  • Cathrine Hagem

    ()

  • Hege Westskog

    ()

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    Abstract

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    File URL: http://hdl.handle.net/10.1007/s10640-008-9210-3
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    Bibliographic Info

    Article provided by European Association of Environmental and Resource Economists in its journal Environmental and Resource Economics.

    Volume (Year): 42 (2009)
    Issue (Month): 2 (February)
    Pages: 139-149

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    Handle: RePEc:kap:enreec:v:42:y:2009:i:2:p:139-149

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    Web page: http://www.springerlink.com/link.asp?id=100263

    Related research

    Keywords: Climate change; Emission permits; Allocation; Cost effectiveness; Distributional constraints;

    References

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    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.:
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    1. Coase, Ronald H, 1972. "Durability and Monopoly," Journal of Law and Economics, University of Chicago Press, vol. 15(1), pages 143-49, April.
    2. Hege Westskog, 1996. "Market Power in a System of Tradeable CO2 Quotas," The Energy Journal, International Association for Energy Economics, vol. 0(Number 3), pages 85-103.
    3. Klepper, Gernot & Peterson, Sonja, 2005. "Trading hot-air : the influence of permit allocation rules, market power and the US withdrawal from the Kyoto Protocol," Open Access Publications from Kiel Institute for the World Economy 3718, Kiel Institute for the World Economy (IfW).
    4. Loeb, Martin & Magat, Wesley A, 1979. "A Decentralized Method for Utility Regulation," Journal of Law and Economics, University of Chicago Press, vol. 22(2), pages 399-404, October.
    5. William D. Nordhaus & Joseph G. Boyer, 1998. "Requiem for Kyoto: An Economic Analysis of the Kyoto Protocol," Cowles Foundation Discussion Papers 1201, Cowles Foundation for Research in Economics, Yale University.
    6. Hagem, Cathrine & Westskog, Hege, 2006. "Distributional constraints and efficiency in a tradable permit market," Memorandum 09/2006, Oslo University, Department of Economics.
    7. Godal, Odd & Klaassen, Ger, 2006. "Carbon trading across sources and periods constrained by the Marrakesh Accords," Journal of Environmental Economics and Management, Elsevier, vol. 51(3), pages 308-322, May.
    8. Lasse Ringius & Asbjørn Torvanger & Arild Underdal, 2002. "Burden Sharing and Fairness Principles in International Climate Policy," International Environmental Agreements: Politics, Law and Economics, Springer, vol. 2(1), pages 1-22, March.
    9. Hahn, Robert W., 1982. "Market Power and Transferable Property Rights," Working Papers 402, California Institute of Technology, Division of the Humanities and Social Sciences.
    10. Guesnerie Roger & Laffont Jean-jacques, 1978. "Taxing price makers," CEPREMAP Working Papers (Couverture Orange) 7806, CEPREMAP.
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    Cited by:
    1. Jaehn, Florian & Letmathe, Peter, 2010. "The emissions trading paradox," European Journal of Operational Research, Elsevier, vol. 202(1), pages 248-254, April.
    2. Bouwe Dijkstra & Edward Manderson & Tae-Yeoun Lee, 2011. "Extending the Sectoral Coverage of an International Emission Trading Scheme," Environmental & Resource Economics, European Association of Environmental and Resource Economists, vol. 50(2), pages 243-266, October.

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