Zhou, Rong; Segerson, Kathleen - Agricultural and Applied Economics Association - AAEA - 2014
policies differ in terms of their impact on the expected profit of harvesters. Thus, there is a distributional basis for … under the collective limit with individual decisions makes harvesters worse off in terms of distributional impact. Finally … to a detrimental distributional impact on harvesters under permit trading. Thus, contrary to standard results, here …