Now showing items 205-207 of 334

    • Prices vs. quantities with incomplete enforcement 

      Montero, Juan-Pablo (MIT Center for Energy and Environmental Policy Research, 1999)
      This paper extends Weitzman's (1974) "Prices vs. Quantities" to allow for incomplete enforcement. Whether the regulator uses prices (e.g., taxes) or quantities (e.g., tradeable quotas), a first-best design is always ...
    • Storage and capacity rights markets in the natural gas industry 

      Paz-Galindo, Luis A. (MIT Center for Energy and Environmental Policy Research, 1999)
      This dissertation presents a different approach at looking at market power in capacity rights markets that goes beyond the functional aspects of capacity rights markets as access to transportation services. In particular, ...
    • Environmental policy in transition economies : the effectiveness of pollution changes 

      Söderholm, Patrik (MIT Center for Energy and Environmental Policy Research, 1999)
      Most economists and analysts claim that extended use of pollution charges in environmental policy will have substantial efficiency advantages in countries undergoing transition to market economies. Essentially this paper ...