The impact of energy and climate policies often depends on how the market reacts to the policy, i.e. in terms of prices or costs for downstream industries. Economic theory tells us that in power markets, prices…
We study the effect of a state level mandate on renewable heating technologies on the housing market. The mandate requires a minimum share of 10 % renewable energy sources when changing the heating system in the…
We study how European climate and energy policy targets affect different member states and households of different income quintiles within the member states. We find that renewable energy targets in power…
A growing experimental literature studies the endogenous choice of institutions to solve cooperation problems arising in prisoners’ dilemmas, public goods games, and common pool resource games. Participants in…