Showing 291 - 300 of 388
and incomplete information inherent in NPS pollution. By incorporating information acquisition into a pollution control … higher data collection cost induces more data collection, and (iii) an increase in information productivity leads to an … value of information acquisition depends on the degree of heterogeneity of polluting sites. …
Persistent link: https://www.econbiz.de/10005230880
We examine patterns of acquiring non-native languages in a model with two languages and two populations with heterogeneous learning skills, where every individual faces a binary choice of learning the foreign language or refraining from doing so. We show that both interior and corner linguistic...
Persistent link: https://www.econbiz.de/10005230925
between the private and social values of exploration information. …
Persistent link: https://www.econbiz.de/10010633227
solvers” by relying on local information alone. The organization handles multiple problems simultaneously. For this reason … optimal. Keywords: Networks, information transmission, search, organization design. …
Persistent link: https://www.econbiz.de/10004990060
The paper clarifies the link between changes in risk aversion and the effect on the consumption discount rate. In a general framework that can cope with various forms of uncertainty, it is shown that the response of the consumption discount rate to a change in risk aversion depends on some...
Persistent link: https://www.econbiz.de/10010904906
The present research offers an economic assessment of climate change impacts on the four major crop families characterizing Nigerian agriculture, covering more than 80% of agricultural value added. The evaluation is performed shocking land productivity in a computable general equilibrium model...
Persistent link: https://www.econbiz.de/10010904911
and adjust their own policy based on the new information. Third, the leader may provide a service to other nations, which … obtaining information on the cost of environmental policy. In addition to these economic mechanisms, a leading group of nations …
Persistent link: https://www.econbiz.de/10010904926
Innovation is a key element behind the achievement of desired environmental and economic performances. Regarding CO2, mitigation strategies would require cuts in emissions of around 80-90% with respect to 1990. We investigate whether complementarity, namely integration, between the adoption of...
Persistent link: https://www.econbiz.de/10010904932
Uncertainty is prevalent in the context of climate change impacts. Moreover, the distribution across the globe is not uniform. We analyze how climate risks could be reduced via an insurance scheme at the global scale across regions and quantify the potential welfare gains from such a scheme....
Persistent link: https://www.econbiz.de/10010941054
In this paper the global agricultural land use model KLUM is coupled to an extended version of the computable general equilibrium model (CGE) GTAP in order to consistently assess the integrated impacts of climate change on global cropland allocation and its implication for economic development....
Persistent link: https://www.econbiz.de/10005385399