[ D] 
Head and Deputy:
PD Dr. Andreas Löschel
Dr. Klaus Rennings
Secretary's office:
Kornelia Peter
Claudia Goodman
Tel: +49 (0)621 1235-210
Fax: +49 (0)621 1235-226
E-mail: peter@zew.de
This research department performs economic analyses of environmental policy instruments. A guiding topic in the department’s research is the cost efficiency of environmental regulation. The department plays a prominent role in environmental economic policy advising in Europe, in part due to its modular system of computable general equilibrium (CGE) models. ZEW is also one of the leading institutions in the economic research of EU emissions trading. In analysing the optimal function of markets with respect to environmental protection and resource scarcity, the department utilises both qualitative and quantitative analytic methods based on modern microeconomic theory. As a supplement to its modular system of computable general equilibrium models known as PACE, the department employs partial market models in order to conduct a more disaggregated analysis of individual environmentally relevant markets. Survey methods and economic experiments round out the spectrum of methodological techniques employed by the department’s researchers.