Original title:
Do emission trading schemes facilitate efficient abatement investments? An experimental study
Authors:
van Koten, Silvester Document type: Research reports
Year:
2012
Language:
eng Series:
CERGE-EI discussion paper series, volume: 2012 - 216 Abstract:
The main policy objective of a cap-and-trade program is the cost-efficient abatement of pollutants or emissions. Whether a cap-and-trade program will realize cost-efficient abatement in practice is an open question. Earlier experiments on abatement-by-switching suggest that experimental participants make highly inefficient abatement choices and that allocation biases participants to over or under-abatement.
Keywords:
cap-and-trade; cost-efficient abatement of pollutants or emissions; experimental economics Project no.: CEZ:AV0Z70850503 (CEP), LC542 (CEP), GAP402/11/0364 (CEP) Funding provider: GA MŠk, GA ČR
Institution: Economics Institute AS ČR
(web)
Document availability information: Fulltext is available at the institute of the Academy of Sciences. Original record: http://hdl.handle.net/11104/0209625