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Opportunity Cost for Free Allocations of Emissions Permits: An Experimental Analysis

Author

Listed:
  • Markus Wråke

    ()

  • Erica Myers

    ()

  • Dallas Burtraw

    ()

  • Svante Mandell

    ()

  • Charles Holt

    ()

Abstract

No abstract is available for this item.

Suggested Citation

  • Markus Wråke & Erica Myers & Dallas Burtraw & Svante Mandell & Charles Holt, 2010. "Opportunity Cost for Free Allocations of Emissions Permits: An Experimental Analysis," Environmental & Resource Economics, Springer;European Association of Environmental and Resource Economists, vol. 46(3), pages 331-336, July.
  • Handle: RePEc:kap:enreec:v:46:y:2010:i:3:p:331-336
    DOI: 10.1007/s10640-010-9343-z
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    References listed on IDEAS

    as
    1. Fell, Harrison, 2008. "EU-ETS and Nordic Electricity: A CVAR Approach," Discussion Papers dp-08-31, Resources For the Future.
    2. Jos Sijm & Karsten Neuhoff & Yihsu Chen, 2006. "CO 2 cost pass-through and windfall profits in the power sector," Climate Policy, Taylor & Francis Journals, vol. 6(1), pages 49-72, January.
    3. Derek W. Bunn & Carlo Fezzi, 2007. "Interaction of European Carbon Trading and Energy Prices," Working Papers 2007.63, Fondazione Eni Enrico Mattei.
    4. Jacob K. Goeree & Charles A. Holt & Karen Palmer & William Shobe & Dallas Burtraw, 2010. "An Experimental Study of Auctions Versus Grandfathering to Assign Pollution Permits," Journal of the European Economic Association, MIT Press, vol. 8(2-3), pages 514-525, 04-05.
    Full references (including those not matched with items on IDEAS)

    Citations

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    Cited by:

    1. Choi, Dong Gu & Thomas, Valerie M., 2012. "An electricity generation planning model incorporating demand response," Energy Policy, Elsevier, vol. 42(C), pages 429-441.
    2. Charles Holt & Erica Myers & Markus Wrake & Dallas Burtraw & Svante Mandell, 2010. "Teaching Opportunity Cost in an Emissions Permit Experiment," International Review of Economic Education, Economics Network, University of Bristol, vol. 9(2), pages 34-42.
    3. Bizer, Kilian & Henger, Ralph & Meub, Lukas & Proeger, Till, 2014. "The political economy of certificates for land use in Germany: Experimental evidence," Center for European, Governance and Economic Development Research Discussion Papers 225, University of Goettingen, Department of Economics.
    4. Eva Camacho-Cuena & Till Requate & Israel Waichman, 2012. "Investment Incentives Under Emission Trading: An Experimental Study," Environmental & Resource Economics, Springer;European Association of Environmental and Resource Economists, vol. 53(2), pages 229-249, October.
    5. Frédéric Branger, Philippe Quirion, Julien Chevallier, 2017. "Carbon Leakage and Competitiveness of Cement and Steel Industries Under the EU ETS: Much Ado About Nothing," The Energy Journal, International Association for Energy Economics, vol. 0(Number 3).
    6. Silvester van Koten, 2014. "Do Emission Trading Schemes Facilitate Efficient Abatement Investments? An Experimental Study," CERGE-EI Working Papers wp503, The Center for Economic Research and Graduate Education - Economics Institute, Prague.
    7. Kopsch, Fredrik, 2012. "Aviation and the EU Emissions Trading Scheme—Lessons learned from previous emissions trading schemes," Energy Policy, Elsevier, vol. 49(C), pages 770-773.
    8. Hong, Taehoon & Koo, Choongwan & Lee, Sungug, 2014. "Benchmarks as a tool for free allocation through comparison with similar projects: Focused on multi-family housing complex," Applied Energy, Elsevier, vol. 114(C), pages 663-675.
    9. Meub, Lukas & Proeger, Till & Bizer, Kilian & Henger, Ralph, 2015. "Die Effizienz von Zuteilungsmechanismen bei Flächenzertifikaten zwischen Versteigerung und Grandfathering: Experimentelle Evidenz," Center for European, Governance and Economic Development Research Discussion Papers 235, University of Goettingen, Department of Economics.
    10. repec:eee:enepol:v:107:y:2017:i:c:p:337-344 is not listed on IDEAS

    More about this item

    Keywords

    Auction; Emissions allowances; Grandfathering; C91; D44;

    JEL classification:

    • C91 - Mathematical and Quantitative Methods - - Design of Experiments - - - Laboratory, Individual Behavior
    • D44 - Microeconomics - - Market Structure, Pricing, and Design - - - Auctions

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