Showing 1 - 5 of 5
Persistent link: https://www.econbiz.de/10005486548
This paper examines the Regional Clean Air Incentives MArket (RECLAIM) which was launched in Los Angeles in January 1994. RECLAIM is an emissions trading program which is expected to decrease hazardous pollutants from stationary sources in the South Coast Basin. I analyze the transactions data...
Persistent link: https://www.econbiz.de/10005458670
Persistent link: https://www.econbiz.de/10005780425
This paper extends and challenges Maler and de Zeeuw's (1996) acid rain linear-quadratic differential game.
Persistent link: https://www.econbiz.de/10005730344
This paper considers the case of Bayesian learning about the relationship between the greenhouse-gas level and temperature rise. Learning takes time because of a stochastic shock to the realized global mean temperature. The paper illustrates the difficulty of quickly learning about the...
Persistent link: https://www.econbiz.de/10005245512