Prices versus Quantities with Morally Concerned Consumers

Klaus M. Schmidt and Fabian Herweg
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Klaus M. Schmidt: LMU Munich
Fabian Herweg: University of Bayreuth

No 272, Rationality and Competition Discussion Paper Series from CRC TRR 190 Rationality and Competition

Abstract: It is widely believed that an environmental tax (price regulation) and cap-and-trade (quantity regulation) are equally e

Keywords: emissions trading; carbon tax; climate change; prices versus quantities; behavioral industrial organization (search for similar items in EconPapers)
JEL-codes: D62 H23 Q52 Q58 (search for similar items in EconPapers)
Date: 2021-01-19
New Economics Papers: this item is included in nep-ene, nep-env and nep-reg
References: View references in EconPapers View complete reference list from CitEc
Citations: View citations in EconPapers (5)

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