Efficient Enforcement of Truth-Telling in the Grandfathering Process of an Emissions Trading Scheme

Efficient Enforcement of Truth-Telling in the Grandfathering Process of an Emissions Trading Scheme

von Frauke Eckermann
Taschenbuch - 9783631584026
37,95 €
  • Versandkostenfrei
  • Auf Lager
  • inkl. MwSt. & Versandkosten (innerhalb Deutschlands)
  • inkl. MwSt. & Versandkosten (innerhalb Deutschlands)

Autorenfreundlich Bücher kaufen?!

Beschreibung

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.

Details

Verlag Peter GmbH Lang
Ersterscheinung November 2008
Maße 208 mm x 146 mm x 10 mm
Gewicht 202 Gramm
Format Taschenbuch
ISBN-13 9783631584026
Auflage Nicht bekannt
Seiten 127

Schlagwörter