Arbeitspapier
Cost heterogeneity and the potential savings from market-based policies
Policy makers and analysts are often faced with situations where it is unclear whether market-based instruments hold real promise of reducing costs, relative to conventional uniform standards. We develop analytic expressions that can be employed with modest amounts of information to estimate the potential cost savings associated with market-based policies, with an application to the environmental policy realm. These simple formulae can help increase intuition and understanding of the sources of cost savings, and help identify and design instruments that merit more detailed investigation. We illustrate the use of these results with an application to nitrogen oxides control by electric utilities in the United States.
- Sprache
-
Englisch
- Erschienen in
-
Series: Nota di Lavoro ; No. 55.2002
- Klassifikation
-
Wirtschaft
- Thema
-
environmental policy
market-based instruments
cost heterogeneity
cost effectiveness
Umweltpolitik
Umweltkosten
Umweltstandard
Ökosteuer
Emissionshandel
Marktmechanismus
Treibhausgas-Emissionen
Theorie
- Ereignis
-
Geistige Schöpfung
- (wer)
-
Newell, Richard G.
Stavins, Robert N.
- Ereignis
-
Veröffentlichung
- (wer)
-
Fondazione Eni Enrico Mattei (FEEM)
- (wo)
-
Milano
- (wann)
-
2002
- Handle
- Letzte Aktualisierung
-
10.03.2025, 11:44 MEZ
Datenpartner
Dieses Objekt wird bereitgestellt von:
ZBW - Deutsche Zentralbibliothek für Wirtschaftswissenschaften - Leibniz-Informationszentrum Wirtschaft. Bei Fragen zum Objekt wenden Sie sich bitte an den Datenpartner.
ZBW - Deutsche Zentralbibliothek für Wirtschaftswissenschaften - Leibniz-Informationszentrum Wirtschaft. Bei Fragen zum Objekt wenden Sie sich bitte an den Datenpartner.
Objekttyp
- Arbeitspapier
Beteiligte
- Newell, Richard G.
- Stavins, Robert N.
- Fondazione Eni Enrico Mattei (FEEM)
Entstanden
- 2002
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