NDLI: Cost Uncertainty and Unilateral Abatement

Content Provider	Springer Nature Link
Author	Elofsson, Katarina
Copyright Year	2006
Abstract	Unilateral abatement is sometimes advocated in order to set a good example that will make other countries follow. The aim of this paper is to investigate whether existence of correlated cost uncertainty provides an incentive for a country to undertake unilateral abatement. The theoretical model is driven by two main mechanisms; first, a learning effect, as the follower country might reduce its risk premium as it can observe the cost level in the leader country. Second, there is the public good effect, i.e., the marginal benefit of abatement declines when abatement is a public good and other countries contribute to pollution reductions. Results shows that unilateral abatement would be efficient in reducing uncertainty about the unit costs of abatement if a country with low cost uncertainty would undertake abatement first, while a country with initially high cost uncertainty would follow. However, countries may prefer to act simultaneously because of the larger uncertainties that are inherent in a sequential game.
Starting Page	143
Ending Page	162
Page Count	20
File Format	PDF
ISSN	09246460
Journal	Environmental and Resource Economics
Volume Number	36
Issue Number	2
e-ISSN	15731502
Language	English
Publisher	Kluwer Academic Publishers
Publisher Date	2007-01-13
Publisher Place	Dordrecht
Access Restriction	One Nation One Subscription (ONOS)
Subject Keyword	Baltic Sea cost uncertainty Cournot learning effect nitrogen Poland Stackelberg Sweden unilateral abatement Environmental Management Economics/Management Science Economic Policy Environmental Economics
Content Type	Text
Resource Type	Article
Subject	Economics and Econometrics Management, Monitoring, Policy and Law

Sl.	Authority	Responsibilities	Communication Details
1	Ministry of Education (GoI), Department of Higher Education	Sanctioning Authority	https://www.education.gov.in/ict-initiatives
2	Indian Institute of Technology Kharagpur	Host Institute of the Project: The host institute of the project is responsible for providing infrastructure support and hosting the project	https://www.iitkgp.ac.in
3	National Digital Library of India Office, Indian Institute of Technology Kharagpur	The administrative and infrastructural headquarters of the project	Dr. B. Sutradhar bsutra@ndl.gov.in
4	Project PI / Joint PI	Principal Investigator and Joint Principal Investigators of the project	Dr. B. Sutradhar bsutra@ndl.gov.in Prof. Saswat Chakrabarti will be added soon
5	Website/Portal (Helpdesk)	Queries regarding NDLI and its services	support@ndl.gov.in
6	Contents and Copyright Issues	Queries related to content curation and copyright issues	content@ndl.gov.in
7	National Digital Library of India Club (NDLI Club)	Queries related to NDLI Club formation, support, user awareness program, seminar/symposium, collaboration, social media, promotion, and outreach	clubsupport@ndl.gov.in
8	Digital Preservation Centre (DPC)	Assistance with digitizing and archiving copyright-free printed books	dpc@ndl.gov.in
9	IDR Setup or Support	Queries related to establishment and support of Institutional Digital Repository (IDR) and IDR workshops	idr@ndl.gov.in

A Strategic Analysis of Eutrophication Abatement in the Baltic Sea

Weitzman Revisited: Emission Standards Versus Taxes with Uncertain Abatement Costs and Market Power of Polluting Firms

Cost-Effective Nutrient Reductions to the Baltic Sea

Environmental Taxation and Vertical Cournot Oligopolies: How Eco-industries Matter

Marginal Damage Cost of Nutrient Enrichment: The Case of the Baltic Sea

International Versus National Actions Against Nitrogen Pollution of the Baltic Sea

Policy Goals for Improved Water Quality in the Baltic Sea: When do the Benefits Outweigh the Costs?

International Agreements in the Multispecies Baltic Sea Fisheries

Emissions Taxes and Abatement Regulation Under Uncertainty

Cost Uncertainty and Unilateral Abatement

Similar Documents

A Strategic Analysis of Eutrophication Abatement in the Baltic Sea

Weitzman Revisited: Emission Standards Versus Taxes with Uncertain Abatement Costs and Market Power of Polluting Firms

Cost-Effective Nutrient Reductions to the Baltic Sea

Environmental Taxation and Vertical Cournot Oligopolies: How Eco-industries Matter

Marginal Damage Cost of Nutrient Enrichment: The Case of the Baltic Sea

International Versus National Actions Against Nitrogen Pollution of the Baltic Sea

Policy Goals for Improved Water Quality in the Baltic Sea: When do the Benefits Outweigh the Costs?

International Agreements in the Multispecies Baltic Sea Fisheries

Emissions Taxes and Abatement Regulation Under Uncertainty

Cost Uncertainty and Unilateral Abatement