An experimental economic analysis of emi
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Rob Godby; Stuart Mestelman; R. Andrew Muller; Douglas Welland
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Article
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1998
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John Wiley and Sons
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English
โ 152 KB
๐ 3 views
Two important decisions in designing markets for tradable emissions permits are whether to allow banking and whether to allow trading in entitlements to future permits. Recent experiments suggest that banking will be particularly important when uncertainty about actual emissions requires trading in