Investment incentives under emission trading: an experimental study
This paper presents the results of an experimental investigation on incentives to adopt advanced abatement technology under emissions trading. Our experimental design mimics an industry with small asymmetric polluting firms regulated by different schemes of tradable permits. We consider three alloca...
Gespeichert in:
| Hauptverfasser: | , , |
|---|---|
| Dokumenttyp: | Article (Journal) |
| Sprache: | Englisch |
| Veröffentlicht: |
13 May 2012
|
| In: |
Environmental and resource economics
Year: 2012, Jahrgang: 53, Heft: 2, Pages: 229-249 |
| ISSN: | 1573-1502 |
| DOI: | 10.1007/s10640-012-9560-8 |
| Online-Zugang: | Verlag, Volltext: http://dx.doi.org/10.1007/s10640-012-9560-8 Verlag, Volltext: https://link.springer.com/article/10.1007/s10640-012-9560-8 
|
| Verfasserangaben: | Eva Camacho-Cuena, Till Requate, Israel Waichman |
MARC
| LEADER | 00000caa a2200000 c 4500 | ||
|---|---|---|---|
| 001 | 1571896791 | ||
| 003 | DE-627 | ||
| 005 | 20230710104155.0 | ||
| 007 | cr uuu---uuuuu | ||
| 008 | 180411s2012 xx |||||o 00| ||eng c | ||
| 024 | 7 | |a 10.1007/s10640-012-9560-8 |2 doi | |
| 035 | |a (DE-627)1571896791 | ||
| 035 | |a (DE-576)501896791 | ||
| 035 | |a (DE-599)BSZ501896791 | ||
| 035 | |a (OCoLC)1341002072 | ||
| 035 | |a (DE-He213)s10640-012-9560-8-e | ||
| 040 | |a DE-627 |b ger |c DE-627 |e rda | ||
| 041 | |a eng | ||
| 084 | |a 17 |2 sdnb | ||
| 100 | 1 | |a Camacho-Cuena, Eva |e VerfasserIn |0 (DE-588)1197932313 |0 (DE-627)1679998668 |4 aut | |
| 245 | 1 | 0 | |a Investment incentives under emission trading |b an experimental study |c Eva Camacho-Cuena, Till Requate, Israel Waichman |
| 264 | 1 | |c 13 May 2012 | |
| 300 | |a 21 | ||
| 336 | |a Text |b txt |2 rdacontent | ||
| 337 | |a Computermedien |b c |2 rdamedia | ||
| 338 | |a Online-Ressource |b cr |2 rdacarrier | ||
| 500 | |a Gesehen am 11.04.2018 | ||
| 520 | |a This paper presents the results of an experimental investigation on incentives to adopt advanced abatement technology under emissions trading. Our experimental design mimics an industry with small asymmetric polluting firms regulated by different schemes of tradable permits. We consider three allocation/auction policies: auctioning off (costly) permits through an ascending clock auction, grandfathering permits with re-allocation through a single-unit double auction, and grandfathering with re-allocation through an ascending clock auction. Our results confirm both dynamic and static theoretical equivalence of auctioning and grandfathering. We nevertheless find that although the market institution used to reallocate permits does not impact the dynamic efficiency from investment, it affects the static efficiency from permit trading. | ||
| 700 | 1 | |a Requate, Tilman |d 1957- |e VerfasserIn |0 (DE-588)131878190 |0 (DE-627)514800046 |0 (DE-576)166809950 |4 aut | |
| 700 | 1 | |a Waichman, Israel |e VerfasserIn |0 (DE-588)139360840 |0 (DE-627)610255444 |0 (DE-576)311371477 |4 aut | |
| 773 | 0 | 8 | |i Enthalten in |t Environmental and resource economics |d [Erscheinungsort nicht ermittelbar] : Proquest, 1991 |g 53(2012), 2, Seite 229-249 |h Online-Ressource |w (DE-627)271349085 |w (DE-600)1479788-4 |w (DE-576)104558482 |x 1573-1502 |7 nnas |a Investment incentives under emission trading an experimental study |
| 773 | 1 | 8 | |g volume:53 |g year:2012 |g number:2 |g pages:229-249 |g extent:21 |a Investment incentives under emission trading an experimental study |
| 856 | 4 | 0 | |u http://dx.doi.org/10.1007/s10640-012-9560-8 |x Verlag |x Resolving-System |3 Volltext |
| 856 | 4 | 0 | |u https://link.springer.com/article/10.1007/s10640-012-9560-8 |x Verlag |3 Volltext |
| 951 | |a AR | ||
| 992 | |a 20180411 | ||
| 993 | |a Article | ||
| 994 | |a 2012 | ||
| 998 | |g 139360840 |a Waichman, Israel |m 139360840:Waichman, Israel |d 180000 |d 181000 |e 180000PW139360840 |e 181000PW139360840 |k 0/180000/ |k 1/180000/181000/ |p 3 |y j | ||
| 999 | |a KXP-PPN1571896791 |e 3005606678 | ||
| BIB | |a Y | ||
| SER | |a journal | ||
| JSO | |a {"recId":"1571896791","language":["eng"],"type":{"bibl":"article-journal","media":"Online-Ressource"},"note":["Gesehen am 11.04.2018"],"title":[{"title_sort":"Investment incentives under emission trading","subtitle":"an experimental study","title":"Investment incentives under emission trading"}],"person":[{"family":"Camacho-Cuena","given":"Eva","display":"Camacho-Cuena, Eva","roleDisplay":"VerfasserIn","role":"aut"},{"family":"Requate","given":"Tilman","roleDisplay":"VerfasserIn","display":"Requate, Tilman","role":"aut"},{"role":"aut","display":"Waichman, Israel","roleDisplay":"VerfasserIn","given":"Israel","family":"Waichman"}],"relHost":[{"physDesc":[{"extent":"Online-Ressource"}],"origin":[{"publisherPlace":"[Erscheinungsort nicht ermittelbar] ; Dordrecht [u.a.] ; Dordrecht [u.a.]","dateIssuedKey":"1991","publisher":"Proquest ; Springer Science + Business Media B.V. ; Kluwer","dateIssuedDisp":"1991-"}],"id":{"issn":["1573-1502"],"eki":["271349085"],"zdb":["1479788-4"]},"name":{"displayForm":["publ. in cooperation with the European Association of Environmental and Resource Economists"]},"pubHistory":["1.1991 -"],"part":{"year":"2012","pages":"229-249","issue":"2","text":"53(2012), 2, Seite 229-249","volume":"53","extent":"21"},"type":{"media":"Online-Ressource","bibl":"periodical"},"disp":"Investment incentives under emission trading an experimental studyEnvironmental and resource economics","note":["Gesehen am 25.01.08"],"recId":"271349085","language":["eng"],"title":[{"title":"Environmental and resource economics","title_sort":"Environmental and resource economics"}]}],"physDesc":[{"extent":"21 S."}],"id":{"eki":["1571896791"],"doi":["10.1007/s10640-012-9560-8"]},"origin":[{"dateIssuedKey":"2012","dateIssuedDisp":"13 May 2012"}],"name":{"displayForm":["Eva Camacho-Cuena, Till Requate, Israel Waichman"]}} | ||
| SRT | |a CAMACHOCUEINVESTMENT1320 | ||