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Malmendier, Ulrike M.; Schmidt, Klaus - CESifo - 2012

In many cultures and industries gifts are given in order to influence the recipient, often at the expense of a third party. Examples include business gifts of firms and lobbyists. In a series of experiments, we show that, even without incentive or informational effects, small gifts strongly...

Persistent link: https://www.econbiz.de/10010877662

Public Good Provision with Robust Decision Making

Angelopoulos, Konstantinos; Economides, George; … - CESifo - 2012

In this paper, we study a two-country dynamic setup with environmental externalities and potential model …

Persistent link: https://www.econbiz.de/10010877702

Emissions Taxes and Abatement Regulation under Uncertainty

Christiansen, Vidar; Smith, Stephen - CESifo - 2013

We consider environmental regulation in a context where firms invest in abatement technology under conditions of uncertainty about subsequent abatement cost, but can subsequently adjust output in the light of true marginal abatement cost. Where an emission tax is the only available instrument,...

Persistent link: https://www.econbiz.de/10010877925

Trade Restrictiveness Indices in Presence of Externalities: An Application to Non-Tariff Measures

Beghin, John; Disdier, Anne-Célia; Marette, Stéphan - CESifo - 2014

demand by reducing negative externalities. We apply the framework to the database of Kee et al. (2009) and derive ad valorem …

Persistent link: https://www.econbiz.de/10010948885

Environmental Tax Reform in a Federation with Rent-Induced Migration

Garon, Jean-Denis; Séguin, Charles - CESifo - 2015

We study the welfare effects of a revenue-neutral green tax reform in a federation. The reform consists of increasing a tax on a polluting input and reducing that on labor income. Households are fully mobile within the federation. Regions are unequally endowed with a nonrenewable natural...

Persistent link: https://www.econbiz.de/10011210783

Conservation Contracts and Political Regimes

Harstad, Bård; Mideksa, Torben - CESifo - 2015

Motivated by tropical deforestation, we analyze (i) a novel theory of resource extraction, (ii) the optimal conservation contract, (iii) when the donor prefers contracting with central rather than local governments, and (iv) how the donor’s presence may induce institutional change....

Persistent link: https://www.econbiz.de/10011273091

Learning Abatement Costs: On the Dynamics of Optimal Regulation of Experience Goods

Hintermann, Beat; Lange, Andreas - CESifo - 2012

We study the introduction of new technologies when their costs are subject to idiosyncratic uncertainty and can only be fully learned through individual experience. We set up a dynamic model of clean experience goods that replace old polluting consumption options and show how optimal regulation...

Persistent link: https://www.econbiz.de/10010603856

Pension, Fertility, and Education

Meier, Volker; Wrede, Matthias - CESifo - 2005

A pay-as-you-go pension scheme is associated with positive externalities of having children and providing them with …

Persistent link: https://www.econbiz.de/10005766193

Pareto-Improving Intergenerational Transfers

Wigger, Berthold U. - CESifo - 2000

growth and harm future generations. On the other hand, competitive equilibria are inefficient if externalities sustain long …

Persistent link: https://www.econbiz.de/10005094344

Subsidizing National Champions: An Evolutionary Perspective

Aubert, Cécile; Falck, Oliver; Heblich, Stephan - CESifo - 2008

externalities appear along the lifecycle. In a simple model, we show that it may be efficient to subsidize innovative firms in their … early stages or to protect mature firms from competition to appropriate these externalities. However, non …-benevolent politicians may not choose efficient policies. Real-world examples indicate that politicians tend to concentrate on externalities …

Persistent link: https://www.econbiz.de/10005094474