Model a tradeable permit system where the two firms considered are VERY different: both in terms of their baseline emissions and their abatement costs.

It will test your ability to model a tradeable permit system where the two firms considered are VERY different: both in terms of their baseline emissions and their abatement costs. If you complete this activity in its entirety, you will demonstrate a strong grasp of how regulators set both quantity and price regulations, how this … Read more