英文文献:Double Dipping In Pollution Markets
英文文献作者:Woodward, Richard T.,Han, Manseung
英文文献摘要:
We explore the efficiency of allowing participants in transferable-rights programs to sell credits in multiple markets, i.e., to double dip. In a first-best economy double-dipping is efficient, but if the cap is set suboptimally, then the answer depends on the relative slopes of the marginal benefit and marginal cost curves.