Boom, Jan-Tjeerd; Dijkstra, Bouwe R. - The Royal Veterinary and Agricultural UniversityFood …; … - 2006
This paper compares emissions trading based on a cap on total emissions (permit trading)and on relative standards per unit of output (credit trading). Two types of market structureare considered: perfect competition and Cournot oligopoly. The effect of combining the twoschemes is also...