Bankable Pollution Permits under Uncertainty and Optimal Risk Management Rules: Theory and Empirical Evidence

An increase in the demand for agricultural goods leads to the use of more intensive cultivation methods. Though Ricardo sees no difficulties in the intensification process, their existence is revealed by the possible occurrence of multiple equilibria. A general theory of intensive rent is based on a formal parallel with single-product systems without land.

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Year of publication:	2008
Authors:	Chevallier, Julien ; Jouvet, Pierre-André ; Etner, Johanna
Institutions:	EconomiX, Université Paris Ouest-Nanterre la Défense (Paris X)
Subject:	Firm behavior \| Tradable permits \| Policy risk \| EU ETS

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Extent:	application/pdf
Series:	EconomiX Working Papers.
Type of publication:	Book / Working Paper
Language:	English
Notes:	Number 2008-25 47 pages
Classification:	D21 - Firm Behavior ; D80 - Information and Uncertainty. General ; Q58 - Government Policy
Source:	RePEc - Research Papers in Economics

Persistent link: https://www.econbiz.de/10005763149