Monday, 19 April 2010
Carbon Trading May Not Be working
This report describes how the the weak Copenhagen deal reduced (!) the price of carbon emissions:
http://news.bbc.co.uk/1/hi/business/8425293.stm
http://news.bbc.co.uk/1/hi/business/8425293.stm
Friday, 16 April 2010
Regulation in Markets
Imperial Tobacco fined £112m and Co-op and Asda were penalised by £14m each
http://www.guardian.co.uk/business/2010/apr/16/oft-levies-225m-for-cigarette-price-manipulation
http://www.guardian.co.uk/business/2010/apr/16/oft-levies-225m-for-cigarette-price-manipulation
- How does price fixing affect consumer surplus and producer surplus?
- Does fining firms for such exploitation stop them for doing the same thing again?
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