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Please use this identifier to cite or link to this item: http://hdl.handle.net/1893/1655
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dc.contributor.authorMacKenzie, Ian Aen_UK
dc.contributor.authorHanley, Nicholasen_UK
dc.contributor.authorKornienko, Tatianaen_UK
dc.date.accessioned2013-06-09T01:33:04Z-
dc.date.available2013-06-09T01:33:04Zen_UK
dc.date.issued2009-07en_UK
dc.identifier.urihttp://hdl.handle.net/1893/1655-
dc.description.abstractIn this paper we advocate a new initial allocation mechanism for a tradable pollution permit market. We outline a Permit Allocation Contest (PAC) that distributes permits to firms based on their rank relative to other firms. This ranking is achieved by ordering firms based on an observable ‘external action’ where the external action is an activity or characteristic of the firm that is independent of their choice of emissions in the tradable permit market. We argue that this mechanism has a number of benefits over auctioning and grandfathering. Using this mechanism efficiently distributes permits, allows for the attainment of a secondary policy objective and has the potential to be more politically appealing than existing alternatives.en_UK
dc.language.isoenen_UK
dc.publisherElsevieren_UK
dc.relationMacKenzie IA, Hanley N & Kornienko T (2009) Using contests to allocate pollution rights. Energy Policy, 37 (7), pp. 2798-2806. http://www.sciencedirect.com/science/journal/03014215; https://doi.org/10.1016/j.enpol.2009.03.030en_UK
dc.rightsThe publisher does not allow this work to be made publicly available in this Repository. Please use the Request a Copy feature at the foot of the Repository record to request a copy directly from the author; you can only request a copy if you wish to use this work for your own research or private study.en_UK
dc.rights.urihttp://www.rioxx.net/licenses/under-embargo-all-rights-reserveden_UK
dc.subjecttradeable permitsen_UK
dc.subjectcontestsen_UK
dc.subjectEnvironmental managementen_UK
dc.subjectEnvironmental permitsen_UK
dc.titleUsing contests to allocate pollution rightsen_UK
dc.typeJournal Articleen_UK
dc.rights.embargodate2999-12-18en_UK
dc.rights.embargoreason[JEPO3353.pdf] The publisher does not allow this work to be made publicly available in this Repository therefore there is an embargo on the full text of the work.en_UK
dc.identifier.doi10.1016/j.enpol.2009.03.030en_UK
dc.citation.jtitleEnergy Policyen_UK
dc.citation.issn0301-4215en_UK
dc.citation.volume37en_UK
dc.citation.issue7en_UK
dc.citation.spage2798en_UK
dc.citation.epage2806en_UK
dc.citation.publicationstatusPublisheden_UK
dc.citation.peerreviewedRefereeden_UK
dc.type.statusVoR - Version of Recorden_UK
dc.identifier.urlhttp://www.sciencedirect.com/science/journal/03014215en_UK
dc.author.emailn.d.hanley@stir.ac.uken_UK
dc.citation.date17/04/2009en_UK
dc.contributor.affiliationCenter for Economic Research, Switzerlanden_UK
dc.contributor.affiliationEconomicsen_UK
dc.contributor.affiliationUniversity of Edinburghen_UK
dc.identifier.isiWOS:000266629000036en_UK
dc.identifier.scopusid2-s2.0-67349180572en_UK
dc.identifier.wtid828251en_UK
dc.date.accepted2009-03-10en_UK
dcterms.dateAccepted2009-03-10en_UK
dc.date.filedepositdate2009-10-01en_UK
rioxxterms.typeJournal Article/Reviewen_UK
rioxxterms.versionVoRen_UK
local.rioxx.authorMacKenzie, Ian A|en_UK
local.rioxx.authorHanley, Nicholas|en_UK
local.rioxx.authorKornienko, Tatiana|en_UK
local.rioxx.projectInternal Project|University of Stirling|https://isni.org/isni/0000000122484331en_UK
local.rioxx.freetoreaddate2999-12-18en_UK
local.rioxx.licencehttp://www.rioxx.net/licenses/under-embargo-all-rights-reserved||en_UK
local.rioxx.filenameJEPO3353.pdfen_UK
local.rioxx.filecount1en_UK
local.rioxx.source0301-4215en_UK
Appears in Collections:Economics Journal Articles

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