All pages with keywords: cap-and-trade

The price vs quantity debate: climate policy and the role of business cycles

The price vs quantity debate: climate policy and the role of business cycles

a working paper by Karlygash Kuralbayeva, Anna Grodecka 27 January, 2015

What is the optimal instrument design and choice for a regulator attempting to control emissions by private agents in face of uncertainty arising from business cycles? In applying Weitzman’s result … read more »