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Ivanova, Galina. |
Using experimental economics tools this paper is testing one of the potential pitfalls in the renewable energy certificates (RECs) market in Australia. Stylised experiment highlighted that sellers' knowledge of the existence of the penalty to buyers for non compliance with mandatory requirements to have a certain number of RECs and the level of penalty in the duopoly market on supply side can push prices for unit of RECs higher than would occur in competitive market without penalty. The level of penalty was used by sellers as a "focal" point for setting the price for the unit. |
Tipo: Conference Paper or Presentation |
Palavras-chave: Marketing. |
Ano: 2007 |
URL: http://purl.umn.edu/10360 |
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Ivanova, Galina; Rolfe, John; Tucker, Gail. |
This paper presents the results of a choice modeling survey of households in Queensland to assess values for reductions in national greenhouse emissions by 2020. The study is novel in two main ways. First, labeled alternatives were used to assess whether the types of broad management options for reducing net emissions (green power, alternative technologies or carbon capture) are significant in understanding preferences for reducing emissions. Second, the importance of the level and type of uncertainty involved in reductions is tested. They include (1) the uncertainty of achieving emissions reduction and (2) the uncertainty of international participation as the percentage of total global emissions covered by international agreements. The results of this... |
Tipo: Journal Article |
Palavras-chave: Environmental Economics and Policy. |
Ano: 2010 |
URL: http://purl.umn.edu/95051 |
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