haku: @indexterm environmental economics / yhteensä: 508
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Tekijä: | Malk, A. S. |
Otsikko: | Further results on permit markets with market power and cheating |
Lehti: | Journal of Environmental Economics and Management
2002 : NOV, VOL. 44:3, p. 371-390 |
Asiasana: | Environmental economics Pollution Market research |
Kieli: | eng |
Tiivistelmä: | The author examines a market for pollution permits in which one firm has market power and one or more permits than it needs, effectively retiring permits from the market. He also shows that some noncomplince may be socially desirable because it can mitigate the distortion caused by market power. Similarly, some degree of market power may be socially desirable because it can, in turn, mitigate the distortion caused by noncompliance. |
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