Germany's National Allocation Plans (NAP I and NAP II) for implementing the EU Emissions Trading Scheme (EU ETS) are critically analysed. Emissions trading has created a new scarcity, and grandfathering constitutes a subsidy that is used to reach additional policy goals related to energy and...

Im vorliegenden Beitrag wird das Verhalten der Entscheidungsträger einer öffentlichen Hochschule im Rahmen eines neoklassischen Ansatzes analysiert. Die Nachfrage nach Studienplätzen resultiert aus der Maximierung des erwarteten Lebenseinkommens der potentiellen Studenten. Wesentliche...

Exergy analysis has been applied to the life cycle of steel. Our model yields the estimate that the U.K. steel sector consumed 22GJ of exergy per tonne of steel delivered to product manufacture in 1994. The analysis shows that process improvement and increased recycling within the life cycle...

We incorporate the process of policy diffusion (i.e. the uncoordinated dissemination of policies among countries) into a probabilistic two-country-model of strategic environmental policy. Contrary to the usual setting with simultaneous decision making we consider the impact of sequential...

Policy diffusion refers to the process by which a political innovation – like the introduction of a novel emission tax – disseminates over time among countries. In order to analyze this issue from an economic point of view we develop a simple two-country-model of the taxation of emissions in...

This article investigates efficient policies against global warming in the case of multiple greenhouse gases. In a dynamic optimization model conditions for an efficient combination of abatement activities are derived. It is shown how this solution can be decentralised by a system of emission...