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Do emission trading schemes facilitate efficient abatement investments? An experimental study
- 1.0377480 - NHÚ 2013 CZ eng V - Research Report
van Koten, Silvester
Do emission trading schemes facilitate efficient abatement investments? An experimental study.
Praha: CERGE-EI, 2012. 17 s. CERGE-EI discussion paper series, 2012 - 216.
R&D Projects: GA MŠMT LC542; GA ČR(CZ) GAP402/11/0364
Institutional research plan: CEZ:AV0Z70850503
Keywords : cost-efficient abatement of pollutants or emissions * cap-and-trade * experimental economics
Subject RIV: AH - Economics
The main policy objective of a cap-and-trade program is the cost-efficient abatement of pollutants or emissions. Whether a cap-and-trade program will realize cost-efficient abatement in practice is an open question. Earlier experiments on abatement-by-switching suggest that experimental participants make highly inefficient abatement choices and that allocation biases participants to over or under-abatement.
Permanent Link: http://hdl.handle.net/11104/0209625
Number of the records: 1