| Article ID | Journal | Published Year | Pages | File Type |
|---|---|---|---|---|
| 10483407 | Resource and Energy Economics | 2013 | 21 Pages |
Abstract
⺠We analyze the interplay of market power, private information, and optimal scale in pollution permit markets. ⺠Market power and private information may lead to lower total costs than competition. ⺠The performance of the market is not very sensitive to market structure. ⺠We determine the optimal scale for water quality trading in North Carolina's Neuse River. ⺠The optimal scale generates 1.55 million dollars per year in cost savings relative to typical regulation.
Related Topics
Physical Sciences and Engineering
Energy
Energy (General)
Authors
Andrew J. Yates, Martin W. Doyle, J.R. Rigby, Kurt E. Schnier,