An Experimental Study of Electronic Bulletin Board Trading for Emission Permits

Journal of Regulatory Economics

Volumn 14, Issue 1, 1998, Pages 55-73

  Cason, Timothy N ^a   Gangadharan, Lata ^b  

^a UNIVERSITY OF SOUTHERN CALIFORNIA   (United States)

^b UNIVERSITY OF MELBOURNE   (Australia)

Author keywords

[No Author keywords available]

Indexed keywords

EID: 0032390841     PISSN: 0922680X     EISSN: None     Source Type: Journal    
DOI: 10.1023/A:1008075721806     Document Type: Article

References (26)

1. Cason, Timothy N. 1993. "Seller Incentive Properties of EPA's Emission trading Auction." Journal of Environmental Economics and Management 25: 177-195.
2. Cason, Timothy N. 1995. "An Experimental Investigation of the Seller Incentives in EPA's Emission Trading Auction." American Economic Review 85: 905-922.
3. Cason, Timothy N., and Charles R. Plott. 1996. "EPA's New Emissions Trading Mechanism: A Laboratory Evaluation." Journal of Environmental Economics and Management 30: 133-160.
4. Cason, Timothy N. 1998. "Trading Institutions and Emission Allowances." In The Handbook of Experimental Economic Results, edited by Charles R. Plott and Vernon L. Smith. Amsterdam: Elsevier Press: forthcoming.
5. Chamberlin, Edward H. 1948. "An Experimental Imperfect Market." Journal of Political Economy 56: 95-108.
6. Cronshaw, Mark, and Jamie Brown-Kruse. 1998. "An Experimental Analysis of Emission Permits with Banking." In Research in Experimental Economics, vol. 7, edited by Charles Holt and R. Mark Isaac. Greenwich, CT: JAI Press: forthcoming.
7. Davis, Douglas, and Charles Holt. 1993. Experimental Economics. Princeton NJ: Princeton University Press.
8. 2 Allowance Auction and Electronic Allowance Transfer; Advance Notice of Proposed Rule-making." 28995-28998 (June 6).
9. Foster, Vivien, and Robert Hahn. 1995. "Designing more Efficient Markets: Lessons From Los Angeles Smog Control." Journal Of Law and Economics 38: 19-48.
10. Franciosi, Robert, R. Mark Isaac, David Pingry, and Stanley Reynolds. 1993. "An Experimental Investigation of the Hahn-Noll Revenue Neutral Auction for Emissions Licenses." Journal of Environmental Economics and Management 24: 1-24.
11. Friedman, Daniel. 1993. "The Double Auction Market Institution: A Survey." In The Double Auction Market: Institutions, Theories, and Evidence, edited by Daniel Friedman and John Rust. Reading, MA: Addison-Wesley.
12. Gangadharan, Lata. 1997. "Transactions Costs in Tradable Emissions Markets: An Empirical Study of the Regional Clean Air Incentives Market in Los Angeles." The University of Melbourne, Department of Economics, Research Paper Number 591.
13. Godby, Rob, Stuart Mestelman, R. Andrew Muller, and J. Douglas Welland. 1997. "Emissions Trading with Shares and Coupons when Control over Discharges is Uncertain." Journal of Environmental Economics and Management 32: 359-381.
14. Hong, James, and Charles R. Plott. 1982. "Rate Filing Policies for Inland Water Transportation." Bell Journal of Economics: 1-19.
15. Isaac, R. Mark, James M. Walker, and Arlington W. Williams. 1994. "Group Size and the Voluntary Provision of Public Goods: Experimental Evidence Utilizing Large Groups." Journal of Public Economics 54: 1-36.
16. Kerr, Suzi, and David Mare. 1996. "Efficient Regulation Through Tradeable Permit Markets: The United States Lead Phasedown." University of Maryland Department of Agricultural and Resource Economics Working Paper 96-06.
17. Muller, R. Andrew, and Stuart Mestelman. 1994. "Emission Trading with Shares and Coupons: A Laboratory Experiment." The Energy Journal 15: 185-211.
18. Muller, R. Andrew, and Stuart Mestelman. 1998. "What Have We Learned from Emissions Trading Experiments?." Managerial and Decision Economics. forthcoming.
19. PERC Reports. 1997. "Greener Pastures." Bozeman, MT: Political Economy Research Center. Volume 15 (1): 10.
20. Plott, Charles R. 1991. "A Computerized Laboratory Market System and Research Support Systems for the Multiple Unit Double Auction." Social Science Working Paper 783, California Institute of Technology.
21. Smith, Vernon L. 1962. "An Experimental Study of Competitive Market Behavior." Journal of Political Economy 70: 111-137.
22. Smith, Vernon L. 1976. "Experimental Economics: Induced Value Theory." American Economic Review Papers and Proceedings 66: 274-279.
23. Smith, Vernon L. 1982. "Microeconomic Systems as an Experimental Science." American Economic Review 72: 923-955.
24. South Coast Air Quality Management District. 1993. RECLAIM: Development Report and Rules, Technical report.
25. Stavins, Robert N. 1995. "Transactions Costs and Tradeable Permits." Journal of Environmental Economics and Management 29: 133-148.
26. Williams, Arlington W., and Vernon L. Smith. 1984. "Cyclical Double-Auction Markets with and without Speculators." Journal of Business 57: 1-33.