Blar i SAM - Handelshøyskolen på emneord "Pollution standards"
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Delegating Pollution Permits
(The Scandinavian Journal of Economics;Volume 124, Issue 2, Peer reviewed; Journal article, 2021-12-02)We discuss the decision to delegate the regulation of pollution through sales of permits to a biased expert in a situation where the polluting firm has private information about its technology. We consider, in particular, ...