Table 1: First-order conditions for good... | Emerald Publishing

Table 1:

First-order conditions for good y under unilateral regulation.

	Emission price	OBA	OBA + Consumption tax
Production	$p^{y} = c_{y}^{y 1}$	$p^{y} + s^{1} = c_{y}^{y 1}$	$p^{y} + s^{1} = c_{y}^{y 1}$
	$p^{y} = c_{y}^{y 2}$	$p^{y} + s^{2} = c_{y}^{y 2}$	$p^{y} + s^{2} = c_{y}^{y 2}$
	$p^{y} = c_{y}^{y 3}$	$p^{y} = c_{y}^{y 3}$	$p^{y} = c_{y}^{y 3}$
Abatement	$- c_{e}^{y 1} = t^{1}$	$- c_{e}^{y 1} = t^{1}$	$- c_{e}^{y 1} = t^{1}$
	$- c_{e}^{y 2} = t^{2}$	$- c_{e}^{y 2} = t^{2}$	$- c_{e}^{y 2} = t^{2}$
	$c_{e}^{y 3} = 0$	$c_{e}^{y 3} = 0$	$c_{e}^{y 3} = 0$
Consumption	$u_{\bar{y}}^{j} = p^{y}$	$u_{\bar{y}}^{j} = p^{y}$	$u_{\bar{y}}^{1} = p^{y} + υ^{1}$
			$u_{\bar{y}}^{2} = p^{y} + υ^{2}$
			$u_{\bar{y}}^{3} = p^{y}$