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Water Markets in the West: Prices, Trading, and Contractual Forms
Libecap, Gary D.; Brewer, Jedidiah; Glennon, Robert; … - National Bureau of Economic Research (NBER) - 2007
Rising urban and environmental demand for water has created growing pressure to re-allocate water from traditional agricultural uses. The evolution of water markets has been more complicated than those for other resources. In this paper, we first explain these differences by examining water...
Persistent link: https://www.econbiz.de/10005778036
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Health Shocks and Natural Resource Management: Evidence from Western Kenya
Graff Zivin, Joshua; Thirumurthy, Harsha; Damon, Maria - National Bureau of Economic Research (NBER) - 2010
Poverty and altered planning horizons brought on by the HIV/AIDS epidemic can change individual discount rates, altering incentives to conserve natural resources. Using longitudinal data from household surveys in western Kenya, we estimate impacts of health status on labor productivity and...
Persistent link: https://www.econbiz.de/10008765596
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Leakage, Welfare, and Cost-Effectiveness of Carbon Policy
Fullerton, Don; Baylis, Kathy; Karney, Daniel H. - National Bureau of Economic Research (NBER) - 2013
We extend the model of Fullerton, Karney, and Baylis (2012 working paper) to explore cost-effectiveness of unilateral climate policy in the presence of leakage. We ignore the welfare gain from reducing greenhouse gas emissions and focus on the welfare cost of the emissions tax or permit scheme....
Persistent link: https://www.econbiz.de/10010785641
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A Conceptual Framework for Interpreting Recorded Human History
Weingast, Barry R.; North, Douglass C; Wallis, John Joseph - National Bureau of Economic Research (NBER) - 2006
organizations sustains economic and political competition. Social order is sustained by competition rather than rent-creation. The …
Persistent link: https://www.econbiz.de/10005714272
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A Theory of Military Dictatorships
Acemoglu, Daron; Ticchi, Davide; Vindigni, Andrea - National Bureau of Economic Research (NBER) - 2008
more important consequence of the presence of a strong military is that once transition to democracy takes place, the …
Persistent link: https://www.econbiz.de/10005778779
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Persistence of Power, Elites and Institutions
Acemoglu, Daron; Robinson, James Alan - National Bureau of Economic Research (NBER) - 2006
nondemocracy to democracy, alters the distribution of de jure political power, but the elite can intensify their investments in de … in democracy or for costs of changing economic institutions, the equilibrium takes the form of a Markov regime … difficult than altering economic institutions, the model leads to a pattern of captured democracy, whereby a democratic regime …
Persistent link: https://www.econbiz.de/10005050043
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Modeling Inefficient Institutions
Acemoglu, Daron - National Bureau of Economic Research (NBER) - 2006
Why do inefficient %uF818 non-growth enhancing %uF818 institutions emerge and persist? This paper develops a simple framework to provide some answers to this question. Political institutions determine the allocation of political power, and economic institutions determine the framework for...
Persistent link: https://www.econbiz.de/10005036822
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Persistence of Civil Wars
Acemoglu, Daron; Ticchi, Davide; Vindigni, Andrea - National Bureau of Economic Research (NBER) - 2009
A notable feature of post-World War II civil wars is their very long average duration. We provide a theory of the persistence of civil wars. The civilian government can successfully defeat rebellious factions only by creating a relatively strong army. In weakly-institutionalized polities this...
Persistent link: https://www.econbiz.de/10008622352
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Discontinuous Behavioral Responses to Recycling Laws and Plastic Water Bottle Deposits
Viscusi, W Kip; Huber, Joel; Bell, Jason; Cecot, Caroline - National Bureau of Economic Research (NBER) - 2009
Economic theory predicts that individual recycling behavior gravitates toward extremes--either diligent recycling or no recycling at all. Using a nationally representative sample of 3,158 bottled water users, this article finds that this prediction is borne out for consumer recycling of plastic...
Persistent link: https://www.econbiz.de/10008628322
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Black Box Warnings and Drug Safety: Examining the Determinants and Timing of FDA Warning Labels
Begosh, Allan; Goldsmith, John; Hass, Ed; Lutter, Randall W. - National Bureau of Economic Research (NBER) - 2006
Comparing the safety of prescription drugs over time is difficult due to the paucity of reliable quantitative measures of drug safety. Both the academic literature and popular press have focused on drug withdrawals as a proxy for breakdowns in the drug safety system. This metric, however, is...
Persistent link: https://www.econbiz.de/10005575064