A complete implementation of the efficient allocation of pollution

被引:12
作者
Kahana, Nava [1 ,2 ]
Mealem, Yosef [3 ]
Nitzan, Shmuel [1 ]
机构
[1] Bar Ilan Univ, Dept Econ, IL-52900 Ramat Gan, Israel
[2] IZA, Bonn, Germany
[3] Netanya Acad Coll, Sch Banking & Finance, Netanya, Israel
关键词
Efficient pollution allocation; Implementation; Market for pollution rights; Moral hazard;
D O I
10.1016/j.econlet.2008.07.003
中图分类号
F [经济];
学科分类号
02 [经济学];
摘要
This paper presents a simple twofold mechanism that attains a complete implementation of the efficient allocation of pollution. The first component is adopted from Duggan and Roberts [Duggan, J., Roberts, J., 2002. Implementing the efficient allocation of pollution. American Economic Review 92,1070-1078.]. The second new component takes care of the moral hazard problem. (C) 2008 Elsevier B.V. All rights reserved.
引用
收藏
页码:142 / 144
页数:3
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