A search model for Joint Implementation

BELLA, GIOVANNI

2009-01-01

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Abstract

The aim of this paper is to present a search mode l in the field of environmental economics, where so-called clean and dirty producers enter the trading market, both looking for a partner with whom to exchange the goods they are endowed with. The model derived in this paper is rather simple. Nevertheless, it is able to produce a series of interesting results and useful insights , and is conveniently used here as a framework to explain the functioning of Joint Implementation programs for polluting emissions’ reduction.