A theory of optimal green defaults / Georg Meran; Reimund Schwarze. Helmholtz-Zentrum für Umweltforschung - UFZ, Department of Economics
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Discovery
822940671
URN
urn:nbn:de:gbv:3:2-79345
DOI
ISBN
ISSN
Autorin / Autor
Beiträger
Körperschaft
Erschienen
Leipzig : Helmholtz-Zentrum für Umweltforschung - UFZ, 2015
Umfang
Online-Ressource (PDF-Datei: 16 S., 0,33 MB) : graph. Darst.
Ausgabevermerk
Sprache
eng
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Inhaltliche Zusammenfassung
This paper develops an analytical framework for studying the Baumol-Oates efficiency of traditional single instrument abatementpolicies vis-à-vis green defaults in the face of price inertia and deliberate defaultingby subpopulations. In this special case ofbehavioural heterogeneity, command and control approaches can outperform price-based instruments while pure tax/subsidy schemes need tobe adjusted in order to achievepolitically desired levels of abatement. We also prove that choice-preserving nudges are superior to any single-instrument policy in this case. An average marginal abatement cost rule is developed to optimise the green defaults and traditional policies of standards and prices under different degrees of market rigidity.
Schriftenreihe
UFZ-Diskussionspapiere ; 2015,6 ppn:635135833