Efficient Enforcement of Truth-Telling in the Grandfathering Process of an Emissions Trading Scheme
Eckermann, Frauke
Produktnummer:
1817d2ad7fc4604700a992de077295dcb9
| Autor: | Eckermann, Frauke |
|---|---|
| Themengebiete: | Agency-Theorie Asymmetric information Cost efficiency Data verification Daten Effizienz Emissions trading Umweltzertifikathandel Verifikation |
| Veröffentlichungsdatum: | 10.11.2008 |
| EAN: | 9783631584026 |
| Sprache: | Englisch |
| Produktart: | Kartoniert / Broschiert |
| Verlag: | Peter Lang GmbH, Internationaler Verlag der Wissenschaften |
Produktinformationen "Efficient Enforcement of Truth-Telling in the Grandfathering Process of an Emissions Trading Scheme"
Emissions trading as an instrument to reduce greenhouse gases has found increasing approval over the last years. One of the challenges in putting this instrument into practice is the self-reported character of all firm data. High verification standards are therefore essential, but also costly. This analysis answers the question of how, in the grandfathering process of an emissions trading scheme, self-reported firm data can be verified in a cost-efficient way. The method used is a principal-agent model similar to those in the tax-evasion literature. Policy recommendations include specific combinations of random audits and penalties for fraudulent reporting. From a technical perspective the analysis reveals that the efficient verification of private data strongly depends on whether there are incentives to overstate or to understate the private data and that the standard equity-efficiency tradeoff does not prevail in this context.
Sie möchten lieber vor Ort einkaufen?
Sie haben Fragen zu diesem oder anderen Produkten oder möchten einfach gerne analog im Laden stöbern? Wir sind gerne für Sie da und beraten Sie auch telefonisch.
Juristische Fachbuchhandlung
Georg Blendl
Parcellistraße 5 (Maxburg)
8033 München
Montag - Freitag: 8:15 -18 Uhr
Samstags geschlossen