Hybridity in Price and Quantity Instruments in Greenhouse Gas Emission Permits (notice n° 157604)
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|---|---|
| fixed length control field | 01375cam a2200229 4500500 |
| 005 - DATE AND TIME OF LATEST TRANSACTION | |
| control field | 20250112031932.0 |
| 041 ## - LANGUAGE CODE | |
| Language code of text/sound track or separate title | fre |
| 042 ## - AUTHENTICATION CODE | |
| Authentication code | dc |
| 100 10 - MAIN ENTRY--PERSONAL NAME | |
| Personal name | Cournède, Boris |
| Relator term | author |
| 245 00 - TITLE STATEMENT | |
| Title | Hybridity in Price and Quantity Instruments in Greenhouse Gas Emission Permits |
| 260 ## - PUBLICATION, DISTRIBUTION, ETC. | |
| Date of publication, distribution, etc. | 2002.<br/> |
| 500 ## - GENERAL NOTE | |
| General note | 79 |
| 520 ## - SUMMARY, ETC. | |
| Summary, etc. | Under uncertainty regarding marginal abatement costs, a market for pollution rights is not efficient in dealing with cost risks. The paper presents a hybrid instrument in which the market price is bounded by a floor price via a subsidy and a cap price via a tax. The optimal instrument is computed in an analytical case study. In light of arguments against subsidies, an asymmetric instrument with a tax cap and no price floor is introduced and the optimum is determined. Hybrid and asymmetric instruments are seen to be particularly appropriate to the specific nature of climate change. Other possible combinations of taxes and permits are also examined. |
| 690 ## - LOCAL SUBJECT ADDED ENTRY--TOPICAL TERM (OCLC, RLIN) | |
| Topical term or geographic name as entry element | incentives |
| 690 ## - LOCAL SUBJECT ADDED ENTRY--TOPICAL TERM (OCLC, RLIN) | |
| Topical term or geographic name as entry element | public economics |
| 690 ## - LOCAL SUBJECT ADDED ENTRY--TOPICAL TERM (OCLC, RLIN) | |
| Topical term or geographic name as entry element | greenhouse gas emissions |
| 690 ## - LOCAL SUBJECT ADDED ENTRY--TOPICAL TERM (OCLC, RLIN) | |
| Topical term or geographic name as entry element | environment |
| 690 ## - LOCAL SUBJECT ADDED ENTRY--TOPICAL TERM (OCLC, RLIN) | |
| Topical term or geographic name as entry element | negotiable permits |
| 700 10 - ADDED ENTRY--PERSONAL NAME | |
| Personal name | Gastaldo, Sylviane |
| Relator term | author |
| 786 0# - DATA SOURCE ENTRY | |
| Note | Economie & prévision | o 156 | 5 | 2002-12-01 | p. 51-62 | 0249-4744 |
| 856 41 - ELECTRONIC LOCATION AND ACCESS | |
| Uniform Resource Identifier | <a href="https://shs.cairn.info/journal-economie-et-prevision-1-2002-5-page-51?lang=en">https://shs.cairn.info/journal-economie-et-prevision-1-2002-5-page-51?lang=en</a> |
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