The paper analyses several possible concepts for transport accounts. First, it considers business type of transport accounts. It is shown that in general these are not a good guide for transport policy. Next, the paper examines the potential of social transport accounts and sees to what extent...

In the Auto-Oil Programme, the European Commission looks for emission limits for cars such that the urban air quality targets are reached at minimum cost. This optimisation problem was solved by Degraeve et al. (1998). In this paper we deal with two methodological problems in this cost...

We show that, under plausible hypotheses, an enforcement agency without commitment power will not undertake any enforcement effort at all in a static game. Indeed, punishment of noncompliant agents brings no social benefits in itself. In a dynamic framework, however, the enforcement agency might...

Combustion of fossil fuels causes carbon emissions which contribute to global climate change. But combustion processes are also responsible for sulphur emissions and sulphate aerosols offset part of the global warming problem since they increase locally the albedo of the Earth's atmosphere....

In this paper we investigate the EU Burden Sharing Agreement on the distribution of the Kyoto emission reduction target over the EU member states. We use an inverse welfare optimum approach to compute the implicit weights making the Burden Sharing Agreement a welfare optimum for the EU. This...

This paper discusses the stranded cost concept. Stranded costs have to do with the transition from a regulated to a more competitive market. The aim of the paper is threefold. First, the paper discusses the place of the stranded cost concept in the variety of costs concepts encountered in the...