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 Design, Trading, and Innovation

David M. Driesen

in Moving to Markets in Environmental Regulation: Lessons from Twenty Years of Experience

Published in print:
2006
Published Online:
January 2007
ISBN:
9780195189650
eISBN:
9780199783694
Item type:
chapter
Publisher:
Oxford University Press
DOI:
10.1093/acprof:oso/9780195189650.003.0016
Subject:
Economics and Finance, Development, Growth, and Environmental

This chapter makes two theoretical claims and two empirical claims. The first theoretical claim is that emissions trading does a poorer job, in theory, of encouraging expensive innovation than ... More


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