Managing Permit Markets to Stabilize Prices
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Research works printed but not linked: 15
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- Hoel, M., and L. Karp. 2001. Taxes and Quotas for a Stock Pollutant with Multiplicative Uncertainty. Journal of Public Economics 82 (1):91-114.
- Keohane, Nathaniel O., Richard L. Revesz, and Robert N. Stavins. 1998. The Choice of Regulatory Instruments in Environmental Policy. Harvard Environmental Law Review 22:313-367.
- Kling, Catherine, and Jonathan Rubin. 1997. Bankable Permits for the Control of Environmental Pollution. Journal of Public Economics 64 (1):101-15.
- McKibbin, Warwick J., M. Ross, R. Shackleton, and P. Wilcoxen. 1999. Emissions Trading, Capital Flows and the Kyoto Protocol. Energy Journal Special Issue.
- Newell, Richard, and William Pizer. 2003. Regulating Stock Externalities Under Uncertainty. Journal of Environmental Economics and Management 45:416-432.
- Roberts, Marc J., and Michael Spence. 1976. Effluent Charges and Licenses Under Uncertainty. Journal of Public Economics 5 (3-4):193-208.
- Rubin, Jonathon D. 1996. A Model of Intertemporal Emision Trading, Banking, and Borrowing. Journal of Environmental Economics and Management 31:269-286.
- Rubin, Jonathon, and Catherine Kling. 1993. An Emission Saved is an Emission Earned: An Empirical Study of Emission Banking for Light-Duty Vehicle Manufacturers. Journal of Environmental Economics and Management 25:257-274.
- Schennach, Susanne M. 2000. The Economics of Pollution Permit Banking in the Context of Title IV of the 1990 Clean Air Act Amendments. Journal of Environmental Economics and Management 40 (3):189-210.
- Weitzman, Martin L. 1974. Prices vs. Quantities. Review of Economic Studies 41 (4):477-491.
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Cited by
Sorted by citations
Perino, G., Ritz, R., & van Benthem, A. (2019) · doi:10.3386/w25643 · Cited by 58 · see citing works
The Market Stability Reserve in the EU Emissions Trading System: A Critical Review
Borghesi, S., Pahle, M., Perino, G., Quemin, S., & Willner, M. (2023) · Annual Review of Resource Economics · doi:10.1146/annurev-resource-111820-030145 · Cited by 54 · see citing works
“Although previous theoretical (Roberts & Spence 1976, Pizer 2002, Newell et al. 2005, Murray et al. 2009, Burtraw et al. 2022) and most practical [Regional Greenhouse Gas Initiative (RGGI), California’s cap-and-trade program] attempts at managing allowance markets have explicitly defined allowance…”
BackgroundLinking permit markets multilaterally
Doda, B., Quemin, S., & Taschini, L. (2019) · Journal of Environmental Economics and Management · doi:10.1016/j.jeem.2019.102259 · Cited by 41 · see citing works
Karp, L. S., & Traeger, C. P. (2021) · SSRN Electronic Journal · doi:10.2139/ssrn.3798938 · Cited by 10 · see citing works
- Authors
- Newell, R., Pizer, W., & Zhang, J.
- Affiliations
- Resources For The Future (US)
- Corresponding author
- Newell, Richard
- Venue
- Environmental & Resource Economics
- Published
- 2005-06
- Volume
- 31
- Issue
- 2
- Pages
- 133-157
- ISSN
- 0924-6460 (ISSN-L)
- 1573-1502
- OpenAlex
- W2110651674
- Cited by
- 141
- References
- 0
- Citations by year
- 2026: 2 · 2025: 5 · 2024: 2 · 2023: 3 · 2022: 5 · 2021: 4 · 2020: 1 · 2019: 7 · 2018: 6 · 2017: 5 · 2016: 4 · 2015: 11 · 2014: 6 · 2013: 9 · 2012: 6
- FWCI
- 19.64
- Type
- journal article
- Language
- en
- Open access
- green
- ageconsearch.umn.edu
- Licence
- cc-by-nc-nd
- www.springer.com/tdm (tdm)
- Locations
- Environmental and Resource Economics (publishedVersion)
- RePEc: Research Papers in Economics (submittedVersion)
- AgEcon Search (University of Minnesota, USA) (submittedVersion, cc-by-nc-nd)
- AgEcon Search (University of Minnesota, USA)
- Topics
- Social Sciences › Economics, Econometrics and Finance › Economics and Econometrics › Climate Change Policy and Economics
- Social Sciences › Economics, Econometrics and Finance › Economics and Econometrics › Energy, Environment, Economic Growth
- Physical Sciences › Environmental Science › Management, Monitoring, Policy and Law › Sustainable Development and Environmental Management
- Keywords
- tradable permits, permit markets, price stabilization, cost uncertainty, abatement costs, greenhouse gas emissions, environmental policy instruments, political economy of environmental policy
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