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Overview -- Production Planning and Cap-Setting under Cap-And-Trade Regulation Considering Differentiated Emission … Trading Prices -- A Two-period Carbon Tax Regulation for Manufacturing and Remanufacturing Production Planning -- A Joint … Analysis of the Environmental and Economic Performances of Closed-Loop Supply Chains Under Carbon Tax Regulation -- Does …
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We introduce a "smart" cap and trade system that eliminates the welfare costs of asymmetric information (“uncertainty”). This cap responds endogenously to technology or macroeconomic shocks, relying on the market price of certificates to aggregate information. It allows policy makers to...
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