Adverse Selection and Emissions Offsets

Although international programs for carbon osets play an important role incurrent and prospective climate change policy, they continue to be very controver-sial. Assymmetric information creates several incentive problems, include adverseselection and moral hazard, in oset markets. The current regulatory focus on ad-ditionality tends to paint all these problems with a broad brush without properconsideration of the context or their implications.[...]

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Year of publication:	2011-03-01
Authors:	Bushnell, James B.
Institutions:	Iowa State University of Science and Technology <Ames, Iowa> / Department of Economics
Subject:	Adverse Selektion \| Klimaänderung \| climate change \| changement climatique \| Welthandel \| World Trade \| Karbon \| carbon tax \| Umweltzertifikathandel

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Extent:	989184 bytes 26 p. application/pdf
Series:	IOWA State University - Department of Economics - Working Papers Working Paper No. 11004
Type of publication:	Book / Working Paper
Language:	English
Classification:	Management of environmental resources ; Study of commerce ; Individual Working Papers, Preprints ; No country specification
Source:	USB Cologne (business full texts)

Persistent link: https://www.econbiz.de/10009360680