Managing correlated stock externalities: water taxes with a pinch of salt
نویسندگان
چکیده
منابع مشابه
Regulation of Stock Externalities with Correlated Costs∗
We study a dynamic regulation model where firms’ actions contribute to a stock externality. The regulator and firms have asymmetric information about serially correlated abatement costs. With price-based policies such as taxes, or if firms trade quotas efficiently, the regulator learns about the evolution of both stock and costs. This ability to learn about costs is important in determining the...
متن کاملRegulation of Stock Externalities with Correlated Abatement Costs
We study a dynamic regulation model where firms’ actions contribute to a stock externality. The regulator and firms have asymmetric information about serially correlated abatement costs. With price-based policies such as taxes, or if firms trade quotas efficiently, the regulator learns about the evolution of both the stock and costs. This ability to learn about costs is important in determining...
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Cyanobacteria are ancient life forms and have adapted to a variety of extreme environments, including high salinity. Biochemical, physiological and genetic studies have contributed to uncovering their underlying survival mechanisms, and as recent studies demonstrate, proteomics has the potential to increase our overall understanding further. To date, most salt-related cyanobacterial proteomic s...
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were initially suspicious of margarine, would have had their fears allayed. Such advice would also have put the official imprimatur on the use of hard margarines in commercial products. The deaths attributable to trans fats—which, if Dr Barton and his colleagues are to be believed, are already numerous—would have been greater still. But that couldn’t happen, surely? I wish I were sure. Take, fo...
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ژورنال
عنوان ژورنال: Environment and Development Economics
سال: 2010
ISSN: 1355-770X,1469-4395
DOI: 10.1017/s1355770x10000021