Browsing Working Papers by Author "Taschini, Luca"
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Stocks & Shocks: A Clarification in the Debate Over Price vs. Quantity Controls for Greenhouse Gases
Parsons, John E.; Taschini, Luca (MIT Center for Energy and Environmental Policy Research, 2011-03)We construct two simple examples that help to clarify the role of a key assumption in the analysis of price or quantity controls of greenhouse gases in the presence of uncertain costs. Traditionally much has been made ...