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We provide some existence results of stable pricings for natural monopoly as defined in the theory of contestable markets. The main addings are based on the assumption of separated markets and the possibilities of entries. We borrow tools from cooperative game theory. Following the work of...
Persistent link: https://www.econbiz.de/10005125630
of the sustainability of the Valais’ public debt in order to determine if its level is excessive or not. …
Persistent link: https://www.econbiz.de/10005125990
As the barriers to hemispheric trade and integration are lowered, it will be asked whether we will we hear the "giant sucking sound" of poorer nations luring U.S. and Canadian firms south to take advantage of low wages and lax environmental regulations? Or, will Latin American nations passively...
Persistent link: https://www.econbiz.de/10005062608
Collective concerns about sustainable development and proposals about how to achieve sustainability have produced a … sustainability; and yet the lack of clear definitions has left a vacuum of corporate guidance. Corporate Social Responsibility (CSR …) has become a synonym for corporate action towards sustainability, but companies continue to struggle to understand how to …
Persistent link: https://www.econbiz.de/10005062681
of sustainability while establishing a consistent system of units for both the solar flux and economic transformation … processes. Conditions for a virtuous cycle dynamic in relation to sustainability is expressed, adhering to non …
Persistent link: https://www.econbiz.de/10005062749
The identification is made of those conditions by which it is possible to generate synergy or mutually enforcing relations between economic development and environment conservation with the perspective of a systems entropy flow limits. Monetary and fiscal policies are the framework of structural...
Persistent link: https://www.econbiz.de/10005062755
In developing countries, microfinance has been the darling of the development community, and in developed countries, microfinance fits well with Third Ways ideas. What are the challenges and opportunities for the attempt to replicate microfinance in the United States? This paper attempts to...
Persistent link: https://www.econbiz.de/10005407699
Die Studie „Wertschaffendes Umweltmanagement“ betrachtet den Zusammenhang zwischen Umweltaspekten und Unternehmenswert. Hierbei bezieht sie erstmals zwei unterschiedliche, sich ergänzende Bewertungsverfahren ein: Sie nimmt erstens das Konzept des Environmental Shareholder Value auf und...
Persistent link: https://www.econbiz.de/10005407755
This paper studies the welfare properties of distortionary transfers in a life-cycle growth model where natural capital is private property. The main result is that, under credible pre-commitment, each newborn generation prefers positive taxes-subsidies to laissez-faire conditions when the...
Persistent link: https://www.econbiz.de/10005408406
This paper considers transitional dynamics of consumption and physical capital in Lucas-type growth models. We find that when the ratio of physical to human capital is sufficiently high, it is optimal for both consumption and physical capital to fall for a finite period and then rise along their...
Persistent link: https://www.econbiz.de/10005556018