FG Volkswirtschaftlehre, Wirtschaftspolitik und Umweltökonomie

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Recent Submissions
A Theory of Optimal Green Defaults

Meran, Georg ; Schwarze, Reimund (2018-08-16)

This paper develops an analytical framework for studying the Baumol–Oates efficiency of traditional single instrument abatement policies vis-à-vis green defaults in the face of price inertia and passive choice by subpopulations. In this special case of behavioural heterogeneity, command and control approaches can outperform price-based instruments while pure tax/subsidy schemes need to be adjus...