Dear Armchairs,
in connection with the implementation of tradeble permit policy there is a
discussion about the initial allocation of permits (free allocation vs.
auction). Some emphasize the political advatages of freely allocated permit
systems, because of the conveyance of scarcity rents to
Dear Armschairs,
emission trading literature attribute grandfathering often the risk
strategic behavior of firms to prevent newcomer. They pile up permits to
inflate price of permits and in doing so, they save their market position.
It seems me odd. First, if a lot of firms sell on the permit
Dear Armchairs,
does anybody know a comprehensive analysis of emisson trading
programms? I'm especially interested in effects of permits
distribution on competition.
Greetings
Steffen
Dear armchairs,
I invite you to discuss following paper:
http://econ-www.mit.edu/faculty/gruberj/files/happy81.pdf
Is the time inconsistent model of addiction a substantial advancement
compared to the rational addiction model?
How do you judge the emperical approach of this paper?
Steffen
