Market power, uncertainty, and the level of trade
β Scribed by Winand Emons
- Publisher
- Springer US
- Year
- 1994
- Tongue
- English
- Weight
- 898 KB
- Volume
- 5
- Category
- Article
- ISSN
- 0923-7992
No coin nor oath required. For personal study only.
π SIMILAR VOLUMES
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
As the world's largest importer of marine ornamental species for the aquaria, curio, home de Β΄cor, and jewelry industries, the United States has an opportunity to leverage its considerable market power to promote more sustainable trade and reduce the effects of ornamental trade stress on coral reefs