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Noise-induced pollution constitutes a hot and topical societal problem for all major airports. This paper discusses various issues in the implementation of a market for noise licenses as a solution to solve the noise externality between the residents located around airports and the aircrafts...
Persistent link: https://www.econbiz.de/10008836128
This paper addresses the issue of optimum population with two concerns : avoiding both the absolute repugnant solution that amounts to giving to an infinite number an infinitesimal amount and the marginal repugnant solution in which equilibrium consumption decresases with income. To avoid these...
Persistent link: https://www.econbiz.de/10005478961
This paper investigates the effect of ethnolinguistic conflict on redistribution. The analysis focuses on the conflict arising between "peripheral" minority groups and a dominant "center". We propose an index of linguistic conflict that (i) encompasses both diversity and polarization, and (ii)...
Persistent link: https://www.econbiz.de/10005042944
We study a stochastic model of influence where agents have “yes” or “no” inclinations on some issue, and opinions may change due to mutual influence among the agents. Each agent independently aggregates the opinions of the other agents and possibly herself. We study influence processes...
Persistent link: https://www.econbiz.de/10010695714
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
Properties of stochastic outcome functions are exploited to solve the moral hazard problem in teams under unobservable individual actions and different individual objectives. Two kinds of enforcement mechanisms are considered: Enforcement through utility transfers and enforcement through...
Persistent link: https://www.econbiz.de/10005008495
1n two related papers, Kaneko (1977, 1977a) hILS proved an equivalence theorem relating the set of ratio equilibria of a public goods economy to the core of a strong voting game. This paper extends in two ways Kaneko's analysis to economies with jurisdictions, each producing a specific public...
Persistent link: https://www.econbiz.de/10005008579
Is selfishness always a bad thing, in the sense that people can only be better off when everyone is concerned with the well-being of others as well as with his own, or are there situations in which altruism can actually make things worse for all people involved ? This paper tackles this question...
Persistent link: https://www.econbiz.de/10005008674