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This paper discusses the problem of optimal design of a jurisdiction structure from the view point of a welfarist social planner when households with identical utility functions for non-rival public good and private consumption have private information about their contributive capacities. It...
Persistent link: https://www.econbiz.de/10010933805
federalism and without limitation to relations and processes fully observable. Three points are made. Even in the case of …
Persistent link: https://www.econbiz.de/10010821132
+ (REDD+) scheme as a contractual relationship between countries in the light of the theory of incentives. Considering … compare two types of contracts : a deforestation performance-based contract and a conditional avoided deforestation …-based contract. Because of the implementation and transaction costs, each kind of REDD+ contract implies a dramatically different …
Persistent link: https://www.econbiz.de/10010635034
an agent and his principle. The normative theory of agency and the positive theory of agency represent theory sphere of … the contractual relation and the incentive and performance mechanisms. This theory sphere will be confronted by a … comparative study on the telecommunication, electricity and urban public transport. Considered as public utility in France, the …
Persistent link: https://www.econbiz.de/10008789113
Russia and its main gas company Gazprom, essential suppliers for the European gas market, are today at the centre of the debate surrounding the security of the European Union's gas supply. A variety of factors have focussed interest on the question of Gazprom's industrial strategies and more...
Persistent link: https://www.econbiz.de/10008792407
have tried to apply the predictions of dynamic contract theory to data. The examples of applications introduced in this … 1980s. In such a dynamic context, the contract may take place over several periods and develop repeated interactions. Then …, the principal topics of the analysis are commitment, reputation, memory and the renegotiation of the contract. Few papers …
Persistent link: https://www.econbiz.de/10008792681
is the generalization of a breach of a term of contract. …
Persistent link: https://www.econbiz.de/10008794157
The objective of this article1 is to contribute to the debate on the effectiveness of Technoparks (TP) in developing and emerging economies using the example of Tunisia. This article is based on a thorough desk review and informal interviews with TP entrepreneurs and managers in Tunisia. Setting...
Persistent link: https://www.econbiz.de/10010933136
Beyond the presupposed cleavage between economics and ethics, the institutional dimension of economic ethics is to the emphasized. The question is : how can we define collective legal rules which concern the whole society ? The other great issue of ethics formalization is then the implementation...
Persistent link: https://www.econbiz.de/10010750462
Why do "made in"labels matter? We study the effect of firm and country reputation on exports when buyers cannot observe quality prior to purchase. Firm-level demand is determined by expected quality, which depends on both past experience with the good and the country of origin's reputation for...
Persistent link: https://www.econbiz.de/10010738847