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Allocating the added value of energy policies

Dates

Year
2006

Citation

Murphy, F. H., and Rosenthal, E. C., 2006, Allocating the added value of energy policies: Energy Journal, v. 27, iss. 2, p. 143-156.

Summary

Developing an energy policy from a collection of programs is made more complicated because there is no single value that can be used as a best estimate of the contribution of a single policy, despite the ability to estimate the impact Of the complete suite. In this paper we illustrate the problem and use cooperative game theory to show one way to estimate individual effects of a policy goal in the context of collective estimates. Using an economic equilibrium model, we illustrate the behavior of four policies, namely, a gasoline tax, CAFE standards, a carbon tax, and drilling the Arctic National Wildlife Reserve, through their Shapley value contributions in measuring the impact of each in the context of a suite of policies. We apply [...]

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Attached Files

Communities

  • Western Energy Citation Clearinghouse

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Additional Information

Identifiers

Type Scheme Key
DOI WECC []
ISSN WECC 0195-6574

Citation Extension

citationTypeJournal Article
journalEnergy Journal
parts
typePages
value143-156
typeVolume
value27
typeIssue
value2

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