The Economics of Enforcing Emissions Markets
John Stranlund ()
Review of Environmental Economics and Policy, 2017, vol. 11, issue 2, 227-246
Abstract:
This article reviews the economic literature on enforcing emissions permit markets. This literature has produced hypotheses about firms’ compliance choices and permit market outcomes, tests of these hypotheses with economic experiments, and insights about the efficient design of enforcement strategies for emissions markets. The findings of the literature are used to identify lessons concerning enforcement and compliance in international markets that are aimed at controlling greenhouse gases.
JEL-codes: K42 L51 Q58 (search for similar items in EconPapers)
Date: 2017
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Citations: View citations in EconPapers (15)
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