Im Jahr 2008 wurden in der Schweiz aktive klimapolitische Massnahmen eingeführt,die zur Senkung der CO2-Emissionen beitragen sollen, um die Klimaziele im Rahmendes Kyoto-Protokolls (Senkung der Treibhausgasemissionen um 8 % im Vergleichzum Basisjahr 1990) erreichen zu können. Diese Massnahmen...

Environmental policy often has to be devised under informational constraints, like uncertainty and asymmetric information. We consider an environmental policy that aims at reducing the welfare losses caused by asymmetric information while being sufficiently simple for implementation. In this...

Environmental policy often has to be devised under informational constraints, like uncertainty and asymmetric information. We consider an environmental policy that aims at reducing the welfare losses caused by asymmetric information while being sufficiently simple for implementation. In this...

A longstanding theoretical discussion on the merits of prices vs.quantities for regulating emissions under uncertainty exists in environmentalpolicy literature. However, empirical evidence w.r.t. instrumentchoice has not been put forward so far. In particular, verylittle is known about...