Construct · 1 fields · 1 citations

Hahn-Stavins independence property: a standalone construct

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Hahn-Stavinsindependence property1 CONSTRUCTHahn-StavinsHAHN · ENVIRONMENTAL ECONOMICS

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Environmental economics

condition under which the final cost-effective pattern of emissions in a cap-and-trade market does not depend on how permits were first allocated.

In environmental economics, Hahn-Stavins independence property refers to condition under which the final cost-effective pattern of emissions in a cap-and-trade market does not depend on how permits were first allocated. This meaning comes from Hahn (2010) in The Effect of Allowance Allocations on Cap-and-Trade System Performance.[1]

Unit
Recovery means
Measured by

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Nearby constructs

condition2 fields · 2 citationsjingle · one word, two constructsmarket3 fields · 5 citationsjingle · one word, three constructspattern4 fields · 5 citationsjingle · one word, four constructs

References

  1. Hahn, R., & Stavins, R. (2010). The Effect of Allowance Allocations on Cap-and-Trade System Performance. National Bureau of Economic Research. https://doi.org/10.3386/w15854

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