The Effects of Rent Seeking Over Tradable Pollution Permits
نویسندگان
چکیده
منابع مشابه
The Effects of Rent Seeking over Tradable Pollution Permits
The establishment of a tradable permit market requires the regulator to select a level of aggregate emissions and then distribute the associated permits to specific groups. Both these decisions create opportunities for rent seeking. In this paper, we use a contest model to analyse the incentives to rent seek for pollution permits and to analyse the consequences for social welfare. We find diffe...
متن کاملDIVISION OF ECONOMICS STIRLING MANAGEMENT SCHOOL The effects of rent seeking over tradable pollution permits
The establishment of a tradable permit market requires the regulator to select a level of aggregate emissions and then distribute the associated permits (rent) to speci c groups. In most circumstances, these decisions are often politically contentious and frequently inuenced by rent seeking behaviour. In this paper, we use a contest model to analyse the e¤ects of rent seeking e¤ort when permit...
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This paper analyzes polluters’ incentives to move from a traditional command and control (CAC) environmental regulatory regime to a tradable permits (TPP) regime. Existing work in environmental economics does not model how firms contest and bargain over actual regulatory implementation in CAC regimes, and therefore fail to compare TPP regimes with any CAC regime that is actually observed. This ...
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ion Taxes Subsidies for Pollution Control Tradable Discharge Permits Effluent Charges Surface Water / Sea Ground Water Municipal Use Public Water
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We consider the effects of rent-seeking activities on resource allocation. Before rent-seeking activities take place, there are prior probabilities that an object will be given to one of several agents. The posterior probability depends on prior probabilities and the expenses incurred by all agents. In the case of two agents who equally value the object, prior and posterior probabilities coinci...
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ژورنال
عنوان ژورنال: SSRN Electronic Journal
سال: 2009
ISSN: 1556-5068
DOI: 10.2139/ssrn.1434371