Kotchen, Matthew J.; Boyle, Kevin J.; Leiserowitz, … - National Bureau of Economic Research (NBER) - 2011
This paper provides the first willingness-to-pay (WTP) estimates in support of a national climate-change policy that … substantially among the policy instruments of a cap-and-trade program, a carbon tax, or a GHG regulation. But there are differences … increases WTP. Older individuals have a lower WTP for a carbon tax and a GHG regulation, while greater household income …