The cost-effective choice of policy instruments to cap aggregate emissions with costly enforcement

We study the cost-e§ectiveness of inducing compliance in a program that caps aggregate emissions of a given pollutant from a set of heterogeneous Örms based on emissions standards and the relative cost-e§ectiveness of such a program with respect to an optimally designed program based on tradable dis...

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Bibliographic Details

Main Author:	Caffera, Marcelo (author)
Other Authors:	Chávez, Carlos (author)
Format:	article
Language:	English
Published:	2011
Subjects:	Environmental policy Cost-effectiveness Enforcement costs Monitoring costs
Online Access:	https://hdl.handle.net/20.500.12806/2446 https://doi.org/10.1007/s10640-011-9481-y
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