Working Papers: Recent submissions

Now showing items 79-81 of 334

    • Auction design and the market for sulfur dioxide emissions 

      Joskow, Paul L.; Schmalensee, Richard; Bailey, Elizabeth M. (MIT Center for Energy and Environmental Policy Research, 1996)
      Title IV of the Clean Air Act Amendments of 1990 created a market for electric utility emissions of sulfur dioxide (SO2). Recent papers have argued that flaws in the design of the auctions that are part of this market have ...

    • Irreversibility and uncertainty in species valuation 

      Brooks, Eileen L. (MIT Center for Energy and Environmental Policy Research, 1994)
      This paper incorporates an option value into deforestation policy analysis. Similar to an option value in finance, the option value here reflects the advantage to delaying irreversible species extinction until more information ...

    • Competition in the U.S. electric power sector : some recent developments 

      Joskow, Paul L. (MIT Center for Energy and Environmental Policy Research, 1994)
      This paper examines recent efforts to expand competitive opportunities in the electric power sector in the US. I start with a brief overview of the structure and regulation of the US electricity sector as it existed in the ...