University of Minnesota Ph.D. dissertation. July 2009. Major: Economics. Advisor: Timothy J. Kehoe. 1 compter file (PDF); appendices A-B. Ill. (some col.)

This covers the market structure of Monopolistic Competition. It presents the characteristics of this market structure by contrasting them to those of Perfect Competition and Monopoly. It explains why these characterisics are important and explains that these have implications for the revenue...

Consumers voluntarily pay significant price premiums to acquire unobservable environmental attributes in green markets. This paper considers the performance of eco-certification policy under circumstances where consumers cannot discern environmental attributes in goods, but are able to form...

Ein Handel mit verbrieften Verschmutzungsrechten gilt als treffsicher, als kosteneffizient und darüber hinaus als geeignet, umwelttechnischen Fortschritt zu induzieren. Das Europäische Emissionshandelssystem weist einige Besonderheiten auf, welche zu Wirkungsbrüchen führen können, die...

This paper is a first attempt to empirically measure transaction costs – a composite of administrativecosts and trading costs – of firms in the European Union's CO2 Emissions Trading Scheme (EU ETS)during its trial phase (2005-2007). This analysis provides some evidence that transaction...

Emissions trading can be organized in several ways. In particular, private emissions trading can be organized as permit trading, or as credit trading. The schemes have a different impact on output with credit trading leading to a higher output level than permit trading. This paper analyzes what...

This paper presents a model of imperfect international competition. Within this framework, the optimal choice of national environmental policy instrument and international emissions trading scheme is discussed. The choice of national instrument is restricted to absolute and relative standards,...

Im Mittelpunkt der vorgestellten Arbeit steht die dynamische Anreizwirkung umweltpolitischer Instrumente. Die voliegende Arbeit erstellt einen differenzierten Vergleich umweltpolitischer Instrumente. Hierzu wird die Anreizwirkung von Steuern, Subventionen, Zertifikaten und einheitlichen...

Despite calls for more integrated residual management, research on the performance of methods to regulate pollution has paid little attention to cases of multiple pollutant control. This study helps rectify this omission in multiple ways. In Chapter 1 I describe the many issues that arise in the...