An experimental study of auctions versus grandfathering to assign pollution permits

Journal of the European Economic Association

Volumn 8, Issue 2-3, 2010, Pages 514-525

  Goeree, Jacob K ^a   Palmer, Karen ^c   Holt, Charles A ^b   Shobe, William ^b   Burtraw, Dallas ^c  

^a UNIVERSITY OF ZURICH   (Switzerland)

^b UNIVERSITY OF VIRGINIA   (United States)

^c NONE

Author keywords

[No Author keywords available]

Indexed keywords

EID: 77951018011     PISSN: 15424766     EISSN: 15424774     Source Type: Journal    
DOI: 10.1111/j.1542-4774.2010.tb00522.x     Document Type: Article

References (7)

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2. Burtraw, Dallas, Karen Palmer, Ranjit Bahrvirker, and Anthony Paul (2002). "The Effects on Asset Values of the Allocation of Carbon Dioxide Emission Allowances." Electricity Journal, 15(5), 51-62.
3. Hahn, Robert W. (1983). "Designing Markets in Transferable Property Rights: A Practitioner's Guide."In Buying a Better Environment. Cost-Effective Regulation Through Permit Trading, edited by Erhard F. Joeres and Martin H. David. University of Wisconsin Press.
4. Hahn, Robert W. (1984). "Market Power and Transferable Property Rights." Quarterly Journal of Economics, 99(4), 753-765.
5. Liski, Matti, and Juan-Pablo Montero (2005). "A Note on Market Power in an Emission Permits Market with Banking." Environmental and Resource Economics, 31(2), 159-173.
6. Myerson, Roger B., and Mark A. Satterthwaite (1983). "Efficient Mechanisms for Bilateral Trading." Journal of Economic Theory, 29, 265-281.
7. Wråke, Markus, Erica Myers, Svante Mandell, Charles A. Holt, and Dallas Burtraw (2009). "Pricing Strategies under Emissions Trading: An Experimental Analysis." Discussion paper, Swedish Environmental Research Institute.