Showing 1 - 10 of 56
The paper is concerned with the empirical modelling of domestic demand for energy in the United Kingdom at the level of …-stage budgeting model of the household's demand for energy conditional on its ownership of durables. Preferences at both stages of the … data has not been fully exploited in the analysis of energy demand to date. Unrestricted reduced-form estimates are …
Persistent link: https://www.econbiz.de/10005497752
This paper examines future energy and emissions scenarios in China generated by the Integrated Assessment Model WITCH …
Persistent link: https://www.econbiz.de/10011084331
reform and free trade and by thus enhancing macroeconomic efficiency at full employment. Second, the static output gain from …
Persistent link: https://www.econbiz.de/10005504204
We explore potential methods for assessing whether licensing terms for intellectual property declared essential within a standard setting organization can be considered fair, reasonable, and non-discriminatory (FRAND). We first consider extending Georgia-Pacific to a standard setting context. We...
Persistent link: https://www.econbiz.de/10005504215
We revisit the question of the efficiency of individual decisions to be protected against crime for the cases of both …
Persistent link: https://www.econbiz.de/10005504304
sector. But, efficiency requires that they apply to both sectors because a higher matching rate in the high …
Persistent link: https://www.econbiz.de/10005504344
This paper considers an equilibrium model of unemployment in a labour market where all vacancies are advertised in a newspaper. Unemployment occurs in occupations that are short on vacancies. New vacancies are created by entrepreneurial search and investment, so it may take some time before an...
Persistent link: https://www.econbiz.de/10005504418
We examine vertical backward integration in oligopoly. Analysing a standard linear Cournot model, we find that for wide parameter ranges (i) some firms integrate, while others remain separated, and (ii) efficient firms are more likely to integrate vertically. Adopting a reduced-form approach, we...
Persistent link: https://www.econbiz.de/10005504590
by enhancing efficiency as if a relative price distortion were being removed through price reform, trade liberalization …
Persistent link: https://www.econbiz.de/10005504670
a Test for Evolving Efficiency which is a GARCH-M model with time-varying constraints. …
Persistent link: https://www.econbiz.de/10005497754