Self-financing environmental mechanisms
We explore the design of self-financing tax/subsidy mechanisms to solve hold-up problems in environmental regulation. Under Cournot competition, announcing the subsidy rate seems to be preferable to announcing the tax rate. Moreover, for constant marginal damage the hold-up problem can always be sol...
Gespeichert in:
| Weitere Verfasser: | , |
|---|---|
| Dokumenttyp: | Book/Monograph Arbeitspapier |
| Sprache: | Englisch |
| Veröffentlicht: |
München
CESifo
Aug. 2005
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| Schriftenreihe: | CESifo working paper Resources and environment
1528 |
| In: |
CESifo working papers (1528)
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| Schlagworte: | |
| Online-Zugang: | Download aus dem Internet, Stand 10.10.2005, Volltext: http://opus.zbw-kiel.de/volltexte/2006/4346/pdf/cesifo1_wp1528.pdf Verlag, Volltext: http://www.cesifo-group.de/~DocCIDL/cesifo1_wp1528.pdf |
| Verfasserangaben: | Joerg Breitscheidel; Hans Gersbach |
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