Carbon Markets and Technological Innovation
نویسندگان
چکیده
منابع مشابه
Carbon markets and technological innovation
This paper examines the effects of firm-level innovation in carbon-abatement technologies on optimal cap-and-trade schemes with and without price controls. We characterize optimal cap-and-trade regulation with price cap and price floor, and compare it to the special cases of pure taxation and simple emissions cap. Innovation shifts the tradeoff between priceand quantity-based instruments toward...
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In some markets, firms can price-discriminate across consumers based on their purchasing history. In particular, when firms introduce an innovation to their product, they may offer an upgrade price to their former customers, and a switching price to poach some consumers from their rivals. In this paper I examine the existence of an equilibrium with consumer poaching in a durable-good market cha...
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Innovation in infant disciplines occurs most rapidly and successfully when a large number of small groups proceed independently under the motivation of market opportunity. In a few years, a substantial fraction of the engineering work force will have a working knowledge of LSI design. At the same time, fabrication areas are becoming more and more capital intensive. What is needed is a clean, st...
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ژورنال
عنوان ژورنال: SSRN Electronic Journal
سال: 2010
ISSN: 1556-5068
DOI: 10.2139/ssrn.1333244