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来源类型Working Paper
规范类型报告
DOI10.3386/w20925
来源IDWorking Paper 20925
Voting on Prices vs. Voting on Quantities in a World Climate Assembly
Martin L. Weitzman
发表日期2015-02-09
出版年2015
语种英语
摘要This paper posits the conceptually useful allegory of a futuristic "World Climate Assembly" that votes on global carbon emissions via the basic principle of majority rule. Two variants are considered. One is to vote on a universal price (or tax) that is internationally harmonized, but the proceeds from which are domestically retained. The other is to vote on the overall quantity of total worldwide emissions, which are then distributed for free (via a pre-decided fractional subdivision formula) as individual allowance permits that are subsequently marketed in an international cap-and-trade system. The model of the paper suggests that the majority-voted price is likely to be less distortionary and easier to enact than the majority-voted total quantity of permits. While the study is centered on a formal model, the tone of the policy discussion resembles more an exploratory think piece.
主题International Economics ; Globalization and International Relations ; Public Economics ; Public Goods ; Environmental and Resource Economics ; Environment
URLhttps://www.nber.org/papers/w20925
来源智库National Bureau of Economic Research (United States)
引用统计
资源类型智库出版物
条目标识符http://119.78.100.153/handle/2XGU8XDN/578599
推荐引用方式
GB/T 7714
Martin L. Weitzman. Voting on Prices vs. Voting on Quantities in a World Climate Assembly. 2015.
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