Showing 1 - 6 of 6
We present a model which ties together rational drug consumption, taxation, crime and other drug-related externalities …
Persistent link: https://www.econbiz.de/10005368784
As with global warming, so with financial crises – externalities have a lot to answer for. We look at three of them … depend on how well these externalities are managed. …
Persistent link: https://www.econbiz.de/10010758510
We introduce consumption externalities into a general equilibrium model with arbitrary consumption sets. To treat the …
Persistent link: https://www.econbiz.de/10005747037
with externalities that distinguishes between and encompasses both the Starrett [1972] and Boyd and Conley [1997] type … signals, for economies with externalities, which is able to restore the equivalence between equilibrium and efficiency even in …
Persistent link: https://www.econbiz.de/10005747105
positive production externalities between agents: the output of any agent depends positively on the effort expended by the …
Persistent link: https://www.econbiz.de/10005747179
This paper analyses firms’ behaviour towards compatibility and the relation of these decisions with their incentives to invest into improving their durable, network goods. By using a sequential game where the dominant firm plays first, we give its competitor the ability to build on innovations...
Persistent link: https://www.econbiz.de/10011144229