Showing 1 - 10 of 114
We assume a population of infinitely-lived households of the economy split into two groups : one with a high discount factor (the patient) and one with a low one (the impatient). The environmental quality is deteriorated by firm's polluting emissions. The governmental policy consists in...
Persistent link: https://www.econbiz.de/10010610498
We model a non-cooperative energy tax setting game amongst countries who join an international market in which firms trade emission permits. Countries can auction a share of their permit endowment and issue the remainder for free to a representative firm. Each country's regulator has a double...
Persistent link: https://www.econbiz.de/10010927714
International markets for tradable emission permits (TEP) co-exist with national energy taxation. A firm trading emission permits in the international market also pays energy taxes in its host country, thus creating an interaction between the international TEP-market and national energy taxes....
Persistent link: https://www.econbiz.de/10005043457
This paper presents a spatial model of a city with two unequally productive jurisdictions. City residents bear a commuting cost to work in either of the two jurisdictions. In each jurisdiction, a fixed public budget must be financed with a wage tax and a head-tax. We compare the first best...
Persistent link: https://www.econbiz.de/10005043305
The purpose of this paper is to study the effects of tolling road use on a parallel road network where each link can be tolled by a different government. Using both theoreticaland numericalmo dels, the paper analyses the potential tax competition between countries that each maximise the surplus...
Persistent link: https://www.econbiz.de/10005043390
The purpose of this paper is to compare the interaction between pricing and capacity decisions on simple serial and parallel transport networks. When individual links of the network are operated by different regional or national authorities, toll and capacity competition is likely to result....
Persistent link: https://www.econbiz.de/10005043597
This paper analyzes the role of yardstick competition for improving political decisions. We examine how performance comparisons across jurisdictions affect the agency problem resulting from uncertainty about politicians (adverse selection) and their policies (moral hazard). We study two forms of...
Persistent link: https://www.econbiz.de/10005043035
In this paper we analyze the effects of an environmental policy on the diffusion of a clean technology in an economy where firms compete on the output market. We show that the share of adopting firms is non-monotonic with the stringency of the environmental policy, and that the adoption of the...
Persistent link: https://www.econbiz.de/10010927698
The paper is not intended for game theorists - unless they are interested in learning how their theories, and the theory of environmental games as developed in a forthcoming book, are being used for studying the current problem of climate change. Similarly for economists. In general, the...
Persistent link: https://www.econbiz.de/10010610463
There is a wide consensus among international institutions and national governments in favor of compact (i.e. densely populated) cities as a way to improve the ecological performance of the transport system. Indeed, when both the intercity and intra-urban distributions of activities are given, a...
Persistent link: https://www.econbiz.de/10010610490