Showing 1 - 10 of 13
familiar problem of coordination failure arises giving rise to multiple equilibria; any one of many possible trade agreements …
Persistent link: https://www.econbiz.de/10005385500
This paper develops an economic argument relating auctions to high market prices. At the core of the argument is the claim that market competition and bidding in an auction should be analyzed as part of one game, where the pricing strategies in the market subgame depend on the bidding strategies...
Persistent link: https://www.econbiz.de/10004990051
proposed among others by Barrett (2001) and Benedick (2001) – is based on the insight that incentives to free-ride are much …, the absence of incentives to free ride) of the coalition that would form when countries negotiate on climate …
Persistent link: https://www.econbiz.de/10005385383
+ (REDD+) scheme as a contractual relationship between countries in the light of the theory of incentives. Considering …
Persistent link: https://www.econbiz.de/10010603765
We study the problem of an investor that buys an equity stake in an entrepreneurial venture, under the assumption that the former cannot monitor the latter’s operations. The dynamics implied by the optimal incentive scheme is rich and quite different from that induced by other models of...
Persistent link: https://www.econbiz.de/10008465540
This paper analyses whether different emissions trading regimes provide different incentives to participate in a … designing the emission trading regime, it is possible to enhance the incentives to participate in a climate agreement. Therefore …
Persistent link: https://www.econbiz.de/10005423151
since the year 2000, as a result of a change in the incentives for both private agents and bureaucrats. …
Persistent link: https://www.econbiz.de/10005423175
crucial to prioritise participation incentives for all countries, especially those without explicit or with insufficient … abatement targets. This paper offers a bottom-up game-theoretic perspective on participation incentives. Rather than focusing on … issue linkage, transfers or burden sharing as tools to enhance the incentives to participate in a climate agreement, this …
Persistent link: https://www.econbiz.de/10005423177
, where free-riding incentives are strong. Is a minimum participation rule a way to offset these free-riding incentives? Why …
Persistent link: https://www.econbiz.de/10005423196
regulatory incentives in exchange for site cleanup. This paper asks three questions: First, what type of properties are attracted … to voluntary cleanup programs? Second, what is the interaction between these state programs and other incentives for … participation are the size of the parcel and whether the surrounding land use is primarily residential, while other incentives have …
Persistent link: https://www.econbiz.de/10005423221