Conference Agenda
Overview and details of the sessions of this conference. Please select a date or location to show only sessions at that day or location. Please select a single session for detailed view (with abstracts and downloads if available).
Please note that all times are shown in the time zone of the conference. The current conference time is: 10th Sept 2026, 07:06:36pm CEST (Norway)
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Daily Overview |
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Designing efficient policies: energy markets and renewable resources Location: Lab 2 Session Chair: Iivo Vehviläinen, Aalto University | |
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Tax to increase efficiency in commons 1: Norwegian School of Economics (NHH), Norway; 2: Centre for Applied Research at NHH As an alternative to rights-based management of the commons, we illustrate how open access combined with taxes can be applied to optimally structure a fi shing fleet and efficiently allocate harvest from a portfolio of species between vessel groups. Biological over-exploitation is prevented by externally imposed limits on total output. The more flexible a tax is, the closer the solution comes to the first-best outcome. If implementing a flexible tax proves challenging due to social or political reasons, even less flexible taxes can capture a signifi cant portion of the resource rent and improve input composition, as a second-best alternative. The taxes are easy to administer and manage as they are collected on first-hand delivery. | |