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Self-financing environmental mechanisms

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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...

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Bibliographische Detailangaben
Hauptverfasser: Breitscheidel, Jörg (VerfasserIn) , Gersbach, Hans (VerfasserIn)
Dokumenttyp: Book/Monograph Arbeitspapier
Sprache:Englisch
Veröffentlicht: Munich Univ., Center for Economic Studies [u.a.] 2005
Schriftenreihe:CESifo working paper series Resources and environment 1528
In: CESifo working papers (1528)

Online-Zugang: Volltext
Verfasserangaben:Joerg Breitscheidel; Hans Gersbach

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