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Voluntary approaches, market structure and competition

Brau, Rinaldo; Carraro, Carlo - 1999

This paper surveys the recent literature devoted to the analysis of the interactions between the adoption of voluntary or negotiated agreements as a tool of environmental policy and market structure. The goal of this survey is twofold. On the one hand, we would like to identify the market...

Persistent link: https://www.econbiz.de/10011608517

Self-regulation and trust under endogenous transaction costs

Sacco, Pier Luigi - 1997

We consider a partnership game with two roles in which a large population of firms interact to carry out, say, R&D joint ventures. The partners have to build a common-property asset through a sequence of costly investments. Firms have access to a monitoring technology whose cost depends on the...

Persistent link: https://www.econbiz.de/10011608313

The combined use of taxation and voluntary agreements for energy policy

Millock, Katrin - 2000

The paper models the combined use of taxation and voluntary agreements when there is asymmetric information between the regulator and industry on the firms' actual emissions. The model incorporates the following features: 1) the regulator does not know the firm's special production...

Persistent link: https://www.econbiz.de/10011608672

Vertical integration and operational flexibility

Moretto, Michele; Rossini, Gianpaolo - 2008

The main aim of the paper is to highlight the relation between flexibility and vertical integration. To this purpose, we go through the selection of the optimal degree of vertical disintegration of a flexible firm which operates in a dynamic uncertain environment. The enterprise we model enjoys...

Persistent link: https://www.econbiz.de/10010331069

A theory of strategic vertical DFI and the missing pollution-haven effect

Yu, Zhihao - 2002

This paper develops a theory of strategic vertical DFI (direct foreign investment) to suggest an explanation for the …-haven effects based on environmental compliance costs might be complicated by such strategic behaviour. The theory provides … particular implications for the empirical research in this area and some broader implications for the theory of DFI. …

Persistent link: https://www.econbiz.de/10011335715

Collective reputation, entry and minimum quality standard

Rouvière, Elodie; Soubeyran, Raphaël - 2008

This article deals with the issue of entry into an industry where firms share a collective reputation. First, we show that free entry is not socially optimal; there is a need for regulation through the imposition of a minimum quality standard. Second, we argue that a minimum quality standard can...

Persistent link: https://www.econbiz.de/10010270951

Platform Competition with Endogenous Multihoming

Roson, Roberto - 2005

A model of two-sided market (for credit cards) is introduced and discussed. In this model, agents can join none, one, or more than one platform (multihoming), depending on access prices and the choices made by agents on the opposite market side. Although emerging multihoming patterns are,...

Persistent link: https://www.econbiz.de/10010312541

Policy mix for environmental protection: A transaction cost approach

Bürgenmeier, Beat - 1999

This paper uses a transaction cost approach in order to classify the different policy options that are currently discussed in relation to the Kyoto protocol. It analyses the market as only one of the possible collective decision making processes, which are available to operationalize the concept...

Persistent link: https://www.econbiz.de/10011608506

Disorganisation or self-organisation?

Recanatini, Francesca; Ryterman, Randi - 2000

The transition from plan to market provides a rare opportunity for insight into the endogenous development of economic institutions. Economic activities during the Soviet regime were co-ordinated by a central authority. These co-ordinating mechanisms were disrupted during the transition period,...

Persistent link: https://www.econbiz.de/10011608590

Externality, convexity and institutions

Papandreou, Andreas - 2000

Economic theory has generally akcnowledged the role that institutions have in shaping economic space. The distinction …

Persistent link: https://www.econbiz.de/10011608612

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