More stringent cap or higher penalty fee? : dealing with procrastination in environmental protection
Year of publication: |
2020
|
---|---|
Authors: | Guo, Dongmei ; Wang, Shouyang ; Zhao, Lin |
Published in: |
Annals of economics and finance. - Beijing : Peking University Press, ISSN 1529-7373, ZDB-ID 2097904-6. - Vol. 21.2020, 1, p. 41-69
|
Subject: | Environmental policy | Time-inconsistent preferences | Present bias | Procrastination | Cap-and-trade | Principal-agent | Umweltschutz | Environmental protection | Intertemporale Entscheidung | Intertemporal choice | Umweltpolitik | Theorie | Theory | Prinzipal-Agent-Theorie | Agency theory | Zeitkonsistenz | Time consistency | Emissionshandel | Emissions trading |
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