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...

Recent political discussions about the possible advantages of first-mover behaviour in terms of environmental policy again called attention to the well-established controversy about the effects of environmental regulation on international competitiveness. Conventional theory claims that the...

Strategic environmental policy games are usually based on simultaneous decision making and reach the conclusion that the policy choices are strategic substitutes. Empirical evidence, however, shows that the introduction of a regulatory instrument usually follows a consecutive pattern that is...

In dealing with a transnational pollutant-emitting duopoly welfare-maximising policy makers face two negative externalities: imperfect competition and unpriced emissions. Strategic environmental policy models show that these externalities involve a trade-off between reducing pollution and...

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...