Cap-and-trade under transactions costs and factor irreversibility

Innovation under cap-and-trade programs.

Policies incentivizing the private sector to reach its innovative potential in "clean" technologies are likely to play a key role in achieving climate stabilization. This article explores the relationship between innovation and cap-and-trade programs (CTPs)--the world's most prominent climate policy instrument--through empirical evidence drawn from successful CTPs for sulfur dioxide and nitroge...

pulp cap and pulp response

چکیده ندارد.

Allocating Emissions Allowances - Under California's Cap-and-Trade Program

Sustainable Trade Credit and Replenishment Policies under the Cap-And-Trade and Carbon Tax Regulations

The paper considers the sustainable trade credit and inventory policies with demand related to credit period and the environmental sensitivity of consumers under the carbon cap-and-trade and carbon tax regulations. First, the decision models are constructed under three cases: without regulation, carbon cap-and-trade regulation, and carbon tax regulation. The optimal solutions of the retailer in...

Strategic Trade Policy under Isoelastic Demand and Asymmetric Production Costs

We demonstrate that whether a good of a rival firm is a strategic substitute or astrategic complement is endogenously determined when the market inverse demand is hyperbolic. The relative competitiveness, which is expressed by the ratio of firms’ marginal costs, is the key determinant. We derive optimal trade policies, which are dependant upon the firms’ form of strategic action. In particular,...