This paper examines the impact of an emissions trading scheme (ETS) on equilibrium emissions, output, price, market concentration, and profits in a generalized Cournot model. We develop formulae for the number of emissions permits that have to be freely allocated to firms to neutralize the...

Purpose – The purpose of this paper is to test whether communal orientation is a moderator of the relationship between the experience of social undermining in project groups and both group member well‐being and group‐directed citizenship behaviours. Design/methodology/approach – A survey...

The European Directive on the EU ETS allows governments to auction up to 10% of the allowances issued in Phase II 2008-2012, without constraints specified thereafter. This paper reviews and extends the long-standing debate about auctioning, in which economists have generally supported and...