Stronzik, Marcus; Hunt, Alistair; Eckermann, Frauke; … - Zentrum für Europäische Wirtschaftsforschung (ZEW) - 2003
Transaction costs and risk have generally not been taken into account in assessing the Kyoto mechanisms JI, CDM and … most determines the influence of transaction costs on the implementation of a project is the size of the particular project …. For some projects transaction costs amount up to over 1000 ?/ton C reduced, which proves the necessity of streamlining …