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dc.contributor.authorFreytag, Andreasen_US
dc.contributor.authorGüth, Werneren_US
dc.contributor.authorKoppel, Hannesen_US
dc.contributor.authorWangler, Leoen_US
dc.date.accessioned2010-12-08en_US
dc.date.accessioned2012-04-11T09:30:53Z-
dc.date.available2012-04-11T09:30:53Z-
dc.date.issued2010en_US
dc.identifier.urihttp://hdl.handle.net/10419/56890-
dc.description.abstractViewing individual contributions as investments in emission reduction we rely on the familiar linear public goods-game to set global reduction targets which, if missed, imply that all payoffs are destroyed with a certain probability. Regulation by milestones does not only impose a final reduction target but also intermediate ones. In our leading example the regulating agency is Mother Nature but our analysis can, of course, be applied to other regulating agencies as well. We are mainly testing for milestone effects by varying the size of milestones in addition to changing the marginal productivity of individual contributions and the probability to lose.en_US
dc.language.isoengen_US
dc.publisherUniv. [u.a.] Jenaen_US
dc.relation.ispartofseriesJena economic research papers 2010,086en_US
dc.subject.jelC92en_US
dc.subject.jelD78en_US
dc.subject.jelH41en_US
dc.subject.jelQ54en_US
dc.subject.ddc330en_US
dc.subject.keywordcumulative public goodsen_US
dc.subject.keywordmilestonesen_US
dc.subject.keywordclimate changeen_US
dc.subject.keywordexperimenten_US
dc.subject.stwKlimaschutzen_US
dc.subject.stwUmweltauflageen_US
dc.subject.stwÖffentliches Guten_US
dc.subject.stwSpieltheorieen_US
dc.subject.stwWirtschaftliche Effizienzen_US
dc.subject.stwTesten_US
dc.titleIs regulation by milestones efficiency enhancing? An experimental study of environmental protectionen_US
dc.typeWorking Paperen_US
dc.identifier.ppn641294123en_US
dc.rightshttp://www.econstor.eu/dspace/Nutzungsbedingungenen_US
Appears in Collections:Jena Economic Research Papers, MPI für Ökonomik

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