| Jus, Darko; Meier, Volker (2012): Announcing is bad, delaying is worse: Another pitfall in well-intended climate policy. CESifo Working Paper: Energy and Climate Economics, 3844 |
Full text not available from 'Open Access LMU'.
External fulltext: http://hdl.handle.net/10419/60996
Abstract
It is frequently observed that the implementation of green policies is delayed compared to the initial announcement. Considering a setting with a representative monopolist extracting a non-renewable resource, we demonstrate that announcing a green policy, but then delaying its implementation, is associated with a larger cumulative extraction at any point in time than announcing a late implementation of this policy at the outset.
| Item Type: | Paper (Discussion Paper) |
|---|---|
| Faculties: | Economics Economics > Chairs > Chair for Public Economics |
| Subjects: | 300 Social sciences > 330 Economics |
| Language: | English |
| ID Code: | 19538 |
| Deposited On: | 15. Apr 2014 08:51 |
| Last Modified: | 29. Apr 2016 09:16 |
Repository Staff Only: item control page
