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SELF-SELECTION UNDER NON-ORDERED VALUATIONS: TYPE-SPLITTING, ENVY-CYCLES, RATIONING AND EFFICIENCY

Nahata, Babu; Kokovin, Serguei; Zhelobodko, Evgeny - EconWPA - 2003

We analyze self-selection problem when valuations are non-ordered. The corresponding package-pricing solution has specific graph structure. It is helpful in deriving weak su±cient conditions for both partial e±ciency and Pareto-e±ciency. Unlike the ordered valuations case, Pareto e±ciency is...

Persistent link: https://www.econbiz.de/10005556519

Envy-Freeness and Implementation in Large Economies

Jackson, Matthew O.; Kremer, Ilan - EconWPA - 2003

We show that an asymptotic envy-freeness is a necessary condition for a form of robust approximate implementation in …

Persistent link: https://www.econbiz.de/10005135032

Gewährleisten umgesetzte WTO-Streitschlichtungsurteile offene Märkte? Eine Betrachtung am Beispiel des Zeitschriftenfalles

Zimmermann, Thomas A. - EconWPA - 2005

the implementation of rulings. Against this background, it is puzzling that the specific WTO procedure which deals with … allegedly insufficient implementation is used only in about one third of the cases where the need for implementation has arisen …. Yet, a closer look at the where implementation has allegedly occurred can partly resolve this puzzle: The defendant …

Persistent link: https://www.econbiz.de/10005408038

Efficiency and Voluntary Implementation in Markets with Repeated Pairwise Bargaining

Jackson, Matthew O.; Palfrey, Thomas R. - EconWPA - 1997

bargain through some extensive game form. We take an implementation approach, characterizing the possible allocation rules …

Persistent link: https://www.econbiz.de/10005062338

The Optimal Design of a Market

Brusco, Sandro; Jackson, Matthew O. - EconWPA - 1997

We study the optimal design of the rules of trade in a two-period market given that agents arrive at different times and may only trade with agents present contemporaneously. First period agents face a fixed cost of trading across periods, and their decisions of whether or not to trade in the...

Persistent link: https://www.econbiz.de/10005077051

Efficient Egalitarian Equivalent Allocations over a Single Good

LiCalzi, Marco; Nicolò, Antonio - EconWPA - 2005

This paper studies efficient and egalitarian allocations over a single heterogeneous and infinitely divisible good. We prove the existence of such allocations using only measure-theoretic arguments. Under the additional assumption of complete information, we identify a sufficient condition on...

Persistent link: https://www.econbiz.de/10005077064

Implementation of ecologically sustainable development by Commonwealth departments and agencies

Commission, Productivity - EconWPA - 2001

On 24 August 1998 the Treasurer referred the implementation of Ecologically Sustainable Development (ESD) by …

Persistent link: https://www.econbiz.de/10005556154

The Role of Auctions in Allocating Public Resources

Chan, Chris; Laplagne, Patrick; Appels, David - EconWPA - 2003

This paper provides an economic framework within which to consider the effectiveness and limitations of auction markets. The paper looks at the use of auctions as a policy instrument and the effects of auction design on consumer interests, the efficient allocation of resources, and industry...

Persistent link: https://www.econbiz.de/10005561841

Wertschaffendes Umweltmanagement. Keine Nachhaltigkeit ohne ökonomischen Erfolg. Kein ökonomischer Erfolg ohne Nachhaltigkeit

Figge, Frank - EconWPA - 2004

Die Studie „Wertschaffendes Umweltmanagement“ betrachtet den Zusammenhang zwischen Umweltaspekten und Unternehmenswert … Environmental Shareholder Value auf und zeigt, wie betriebliches Umweltmanagement positiv auf die Werttreiber des Shareholder Value … betriebliche Umweltmanagement sicherstellen muss, dass Unternehmen auf zukünftige „ökologische“ Herausforderungen reagieren können …

Persistent link: https://www.econbiz.de/10005407755

Environmental Shareholder Value Matrix. Konzeption, Anwendung und Berechnung

Figge, Frank; Hahn, Tobias - EconWPA - 2004

Der Zusammenhang zwischen Umweltmanagement und Shareholder Value ist in den letzten Jahren Thema einer Vielzahl von … Publikationen gewesen. Dass gutes Umweltmanagement grundsätzlich auch Shareholder Value schaffen kann, ist heute weitgehend …. Hierdurch wird deutlich, ob und wie das Umweltmanagement Shareholder Value schafft. Die Studie zeigt außerdem, wie der Beitrag …

Persistent link: https://www.econbiz.de/10005062488