A Search Model for Joint Implementation

Giovanni Bella ()

No 2009.80, Working Papers from Fondazione Eni Enrico Mattei

Abstract: The aim of this paper is to present a search model in the field of environmental economics, where so-called clean and dirty producers enter the trading market, both looking for a partner with whom to exchange the goods they are endowed with. The model derived in this paper is rather simple. Nevertheless, it is able to produce a series of interesting results and useful insights, and is conveniently used here as a framework to explain the functioning of Joint Implementation programmes for polluting emissions’ reduction.

Keywords: Environmental economics; Search theory; Market failures (search for similar items in EconPapers)
JEL-codes: C61 O13 Q26 (search for similar items in EconPapers)
Date: 2009-10
New Economics Papers: this item is included in nep-ene and nep-env
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Persistent link: https://EconPapers.repec.org/RePEc:fem:femwpa:2009.80

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