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We present a Cournot model that compares the critical threshold of collusion in Duopoly and Oligopoly Markets where the actors are private, mixed or public. We assume that the incentive critical threshold for collusion depends on the interconnection fees. The different threshold values...
Persistent link: https://www.econbiz.de/10010899868
The Clean Development Mechanism (CDM) of the Kyoto Protocol, aims to minimise the cost of Annex B countries' commitments to reduce emissions, but also to limit the risk that the Developing Countries unquestionable right to develop will offset the Annex B countries efforts: the CDM should promote...
Persistent link: https://www.econbiz.de/10008793240
In the economic literature it is generally found that trade openness affects environment through various channels … examining the consequences of agricultural primary commodity export on population's health via physical environment degradation …
Persistent link: https://www.econbiz.de/10009643223
We propose an ethical viewpoint based on the possibility of the realization of the worst-case scenario in order to reduce future generations risks in terms of discounting. Applied to the question of conservation of a renewable resource, we show that an economy, where the social planner takes...
Persistent link: https://www.econbiz.de/10010750368
addressing here is: should uncertainty about future preferences lead to a more conservative attitude towards environment … environment than ours, but this result relies heavily on the assumption of a separability between consumption and environmental … (impatience, intertemporal flexibility, natural capacities of regeneration of the environment, relative preference for the …
Persistent link: https://www.econbiz.de/10010750447
We consider an overlapping generations model with environment and an elastic labor supply. In this framework, consumers …
Persistent link: https://www.econbiz.de/10010750468
the use of environmental services and so is a direct cause of environmental degradation. The environment is valued both as … marginal discount rate allows us to avoid the depletion of the environment. …
Persistent link: https://www.econbiz.de/10010750484
The Kyoto Protocol, which came in force in February 2005, allows countries to resort to «supplementary activities» consisting particularly in carbon sequestration in agricultural soils. Existing papers studying the optimal carbon sequestration recognize the importance of the temporality of...
Persistent link: https://www.econbiz.de/10010750832
environment is not a result of temperance or mitigation of natural variations but rather that the economy itself - in addition to …
Persistent link: https://www.econbiz.de/10010899270
environmental quality through lower levels of consumption, but it improves the environment through maintenance expenditure for … wealth-environment combinations at which, in a restricted model without environmental culture, no maintenance would be …
Persistent link: https://www.econbiz.de/10010899501