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Prices Vs Quantities
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Book Synopsis Prices Vs. Quantities by : Erin Mansur
Download or read book Prices Vs. Quantities written by Erin Mansur and published by . This book was released on 2007 with total page 52 pages. Available in PDF, EPUB and Kindle. Book excerpt: In a market subject to environmental regulation, a firm's strategic behavior affects the production and emissions decisions of all firms. If firms are regulated by a Pigouvian tax, changing emissions will not affect the marginal cost of polluting. However, under a tradable permits system, the polluters' decisions affect the permit price. This paper shows that this feedback effect may increase a strategic firm's output. Relative to a tax, tradable permits improve welfare in a market with imperfect competition. As an application, I model strategic and competitive behavior of wholesalers in the Pennsylvania, New Jersey, and Maryland electricity market. Simulations suggest that exercising market power decreased local pollution by approximately nine percent, and therefore, substantially reduced the price of the region's pollution permits. Furthermore, I find that had regulators opted to use a tax instead of permits, the deadweight loss from imperfect competition would have been approximately seven percent greater.
Book Synopsis Prices vs quantities by : Fridrik M. Baldursson
Download or read book Prices vs quantities written by Fridrik M. Baldursson and published by . This book was released on 1998 with total page 32 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Book Synopsis Prices Versus Quantities as Instruments of Plan Implementation by : Mongi Boughzala
Download or read book Prices Versus Quantities as Instruments of Plan Implementation written by Mongi Boughzala and published by . This book was released on 1978 with total page 522 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Book Synopsis A Comparison of Price Controls and Quantity Controls Under Uncertainty by : Gary Wynn Yohe
Download or read book A Comparison of Price Controls and Quantity Controls Under Uncertainty written by Gary Wynn Yohe and published by Dissertations-G. This book was released on 1979 with total page 296 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Book Synopsis Beyond Prices Versus Quantities by : Stephen Martin
Download or read book Beyond Prices Versus Quantities written by Stephen Martin and published by . This book was released on 1993 with total page 36 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Book Synopsis Prices Vs. Quantities by : Fridrik Mar Baldursson
Download or read book Prices Vs. Quantities written by Fridrik Mar Baldursson and published by . This book was released on 2005 with total page 0 pages. Available in PDF, EPUB and Kindle. Book excerpt: We explore the efficacy of price and quantity controls in a dynamic setup in which the decisions of some agents are irreversible. The assumption of irreversibility is shown to improve the performance of a tax relative to that of a system of tradable quotas and significantly alter the equilibrium behavior of agents. We nevertheless conclude that taking into account the fact that agents' decisions may be irreversible does not lead to policy implications significantly different from those reached in a simpler model in which irreversibility is ignored.
Book Synopsis The Theory and Practice of Command and Control in Environmental Policy by : Peter Berck
Download or read book The Theory and Practice of Command and Control in Environmental Policy written by Peter Berck and published by Routledge. This book was released on 2018-01-12 with total page 553 pages. Available in PDF, EPUB and Kindle. Book excerpt: This title was first published in 2003. Economists have had increasing success in arguing the merits of market-based approaches to environmental problems. By making polluting expensive, market-based approaches provide polluters with incentives to clean up, rather than mandates to stop polluting. These approaches include pollution taxes, transferable emissions permits and subsidies for pollution abatement. The purpose of this volume is to explore the situations where Command and Control (CAC) may not be all bad, and in fact might even have some advantages over market-based instruments (MBI).
Book Synopsis The Theory and Practice of Command and Control in Environmental Policy by : Peter Berck
Download or read book The Theory and Practice of Command and Control in Environmental Policy written by Peter Berck and published by Routledge. This book was released on 2018-01-12 with total page 518 pages. Available in PDF, EPUB and Kindle. Book excerpt: This title was first published in 2003. Economists have had increasing success in arguing the merits of market-based approaches to environmental problems. By making polluting expensive, market-based approaches provide polluters with incentives to clean up, rather than mandates to stop polluting. These approaches include pollution taxes, transferable emissions permits and subsidies for pollution abatement. The purpose of this volume is to explore the situations where Command and Control (CAC) may not be all bad, and in fact might even have some advantages over market-based instruments (MBI).
Book Synopsis New Institutional Economics as Situational Logic by : Piet de Vries
Download or read book New Institutional Economics as Situational Logic written by Piet de Vries and published by Taylor & Francis. This book was released on 2023-08-04 with total page 418 pages. Available in PDF, EPUB and Kindle. Book excerpt: Drawing on phenomenological and realist approaches, this book surveys the theoretical evolution of new institutional economics. For all its popularity and explanatory power, new institutional economics is not a homogenous field but encompasses a range of different theoretical approaches starting from Coase and the introduction of transaction costs. In particular, the concept of rationality is a rich source of dispute leading to a bifurcation between ‘insider’ and ‘outsider’ perspectives. The insider view refers to studying conscious human beings – the economic actor – who seek their self-interest and find themselves in their mundane situation. The self-interest of the economic actor bestows him with logic. It makes the logic of the situation the method of economics, as Karl Popper establishes. Thus, the book argues for the positioning of new institutional economics as situational logic, that is, an economic theory that formulates and studies single-exit situations that face the economic actor. Ultimately, this book presents a critical appraisal of new institutional economics theories based on a substantiated methodological perspective that effectively navigates the theorist between realism and rigor. This book will be of interest to readers of new institutional economics, economic theory, and the philosophy of economics and social sciences.
Book Synopsis Economic Analysis of Information and Contracts by : Gerald A. Feltham
Download or read book Economic Analysis of Information and Contracts written by Gerald A. Feltham and published by Springer Science & Business Media. This book was released on 2012-12-06 with total page 412 pages. Available in PDF, EPUB and Kindle. Book excerpt: The three coeditors knew John Butterworth for many years and had worked closely with him on a number of research projects. We respected him as a valuable colleague and friend. We were greatly saddened by his untimely death. This book is an attempt to remember him. We dedicate the volume to John with thanks for the contributions he made to our research, to the Faculty of Commerce and Business Administration at the University of British Columbia, and to the accounting profession. This volume contains twelve invited papers on the general topic of the economic theory of information and contracts. We asked leading scholars who had known John to contribute papers. The response was very gratifying. The authors provided us with new strong research papers that should make a lasting contribution to the accounting and information economics research literature, and make us all proud to have put this volume together. The research papers in the volume are in three sections: information evaluation in multi person conte)l:ts; contracting in agencies under moral hazard; and contracting in agencies with private information. We begin part I with Jerry Feltham's review of John Butterworth's pioneering contributions to the accounting and information economics literature. This is followed by an introduction to the papers in the volume and the papers themselves.
Book Synopsis PM: Program Manager (Online) September October 2002 Issue by :
Download or read book PM: Program Manager (Online) September October 2002 Issue written by and published by DIANE Publishing. This book was released on with total page 123 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Book Synopsis Cost-Benefit Analyses of Climate Change by : Ferenc Toth
Download or read book Cost-Benefit Analyses of Climate Change written by Ferenc Toth and published by Birkhäuser. This book was released on 2012-12-06 with total page 154 pages. Available in PDF, EPUB and Kindle. Book excerpt: The Potsdam Institute for Climate Impact Research (PIK) was founded in 1992 as a "Blue List" research institute, with the Federal Ministry for Education, Science, Research and Technology and the Ministry for Science, Research and Culture of the federal state of Brandenburg each provid ing half ofthe funding. PIK currently has a staff of 100 (1997), including about 75 scientists and guest scientists, as well as a number of students and temporary assistants. Further expansion is taking place at the institute site in the "Albert Einstein" Science Park in Potsdam. The interdisciplinary nature of climate impact research, especially the interface between the natural scientific and socioeconomic dimensions of environmental research, is reflected at PIK in the close cooperation with partner institutes at national and international level. The flexible frame work created for the institute enables new problems and issues to be taken up as they arise. As a center of scientific innovation, PIK also coordinates international activities in the fields of climate impact research and Earth System analysis. The institute houses project offices for the IGBP international research programs, for example. Simulations of Global Change are performed on PIK's supercomputer using models and data drawn from various disciplines. The parallel compu ter (an IBM-SP2) boasts 20 gigaflops of computing power, making it one of the most powerful research computers in Germany. The Workshop on Cost-Benefit Analyses of Climate Change was jointly organized by PIK and the Wuppertal Institute for Energy, Climate, and Environment (WI).
Book Synopsis Surfing Economics by : Huw David Dixon
Download or read book Surfing Economics written by Huw David Dixon and published by Bloomsbury Publishing. This book was released on 2017-03-14 with total page 222 pages. Available in PDF, EPUB and Kindle. Book excerpt: Surfing Economics is a collection of essays by one of Europe's leading young economists. These essays are written to bring to life in a non-technical manner some of the fundamental ideas and concepts in contemporary economics, including new Keynesian economics, the natural rate, bounded rationality, social learning and the meaning of economics. Whilst primarily written for the undergraduate student, these essays will entertain and enlighten economists of all ages. Above all, the essays convey the enthusiasm and excitement of Huw Dixon for economics along with his valuable insights into the subject. Just the thing to brighten up your reading lists.
Book Synopsis Conference on the Economics of Federal Credit Activity, April 10-11, 1980: Papers by :
Download or read book Conference on the Economics of Federal Credit Activity, April 10-11, 1980: Papers written by and published by . This book was released on 1981 with total page 388 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Book Synopsis Conference on the Economics of Federal Credit Activity, April 10-11, 1980 by :
Download or read book Conference on the Economics of Federal Credit Activity, April 10-11, 1980 written by and published by . This book was released on 1980 with total page 558 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Book Synopsis Critical Issues in Environmental Taxation by : Claudia Dias Soares
Download or read book Critical Issues in Environmental Taxation written by Claudia Dias Soares and published by Oxford University Press. This book was released on 2010-10-07 with total page 798 pages. Available in PDF, EPUB and Kindle. Book excerpt: "Preliminary drafts of the articles were previously presented at the Third Annual Global Conference on Environmental Taxation : Issues, Experience, and Potential which was held on April 12-13, 2002 in Woodstock, Vermont, U.S.A."--Preface, p. vii, v. 1.
Book Synopsis Economics and Liability for Environmental Problems by : Kathleen Segerson
Download or read book Economics and Liability for Environmental Problems written by Kathleen Segerson and published by Routledge. This book was released on 2018-01-12 with total page 524 pages. Available in PDF, EPUB and Kindle. Book excerpt: This title was first published in 2002. This convenient reference brings together notable contributions examining all aspects of the liability for environmental accidents. Articles included in the Part I of this volume examine the role of liability as a policy instrument, and provide detailed examinations of the incentive effects created by the imposition of liability, ie. Bankruptcy, litigation costs, delegation of responsibility and insurance. Those in Part II study specific environmental issues such as hazardous waste disposal and oil spills. The International Library of Environmental Economics and Policy explores the influence of economics on the development of environmental and natural resource policy. In a series of twenty five volumes, the most significant journal essays in key areas of the contemporary environmental and resource policy are collected. This convenient reference brings together the notable contributions examining all aspects of the liability for environmental accidents.
