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Biodiversity Prospecting over Time and under Uncertainty: A Theory of Sorts
Batabyal, Amitrajeet A.; Nijkamp, Peter - Tinbergen Instituut - 2013
Biodiversity prospecting refers to the exploration of the commercial value of genetic and biochemical resources. In this chapter, we study a drug producing pharmaceutical firm (PF) that searches for potentially useful chemicals made by wild organisms in a conservation area. This PF is able to...
Persistent link: https://www.econbiz.de/10011256729
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Investment, Expectations and Uncertainty: Empirical Evidence on the Relevance of Firm Size
Koetse, Mark J.; Vlist, Arno J. van der; Groot, Henri … - Tinbergen Instituut - 2003
This paper analyses the effect of uncertainty on investment spending. We analyse twotypes of investment, i.e. aggregate … investment and investment in energy saving technologies,using subjective evaluations of expectations and uncertainty of Dutch … general investment spending. Furthermore, expectationsand uncertainty have important although different effects on investment …
Persistent link: https://www.econbiz.de/10011257051
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Does the Wage Tax System cause Budget Deficits?
Riedl, Arno; Winden, Frans A.A.M. van - Tinbergen Instituut - 2000
performance in an international economy. We find support for the hypothesis that out-of-equilibrium price uncertainty affects the … behavior of economic agents. Dueto uncertainty about prices risk-averse producers are hypothesized to be reluctant to employ …
Persistent link: https://www.econbiz.de/10011255463
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Market Structure and the Pricing of New Products: A Nested Logit Approach with Asymmetric Firms
Bleker, Sylvia; Behrens, Christiaan; Koster, Paul; … - Tinbergen Instituut - 2014
This article investigates competition in a market with an emerging technology using a discrete choice model to analyze demand and welfare. We focus on industry structure and investigate the impact of different market structures on demand for the new technology and on welfare. The car market...
Persistent link: https://www.econbiz.de/10011255656
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Consistency, Monotonicity and Implementation of Egalitarian Shapley Values
Brink, René van den; Funaki, Yukihiko; Ju, Yuan - Tinbergen Instituut - 2007
One of the main issues in economics is the trade-off between marginalism and egalitarianism. In the context of cooperative games this trade-off can be framed as one of choosing to allocate according to the Shapley value or the equal division solution. In this paper we provide tools that make it...
Persistent link: https://www.econbiz.de/10011255779
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Transboundary Externalities and Property Rights: An International River Pollution Model
Laan, Gerard van der; Moes, Nigel - Tinbergen Instituut - 2012
In this paper we study international river pollution problems. We introduce a model in which the agents (countries) located along a river derive benefit while causing pollution, but also incur environmental costs of experiencing pollution from all upstream agents. We find that total pollution in...
Persistent link: https://www.econbiz.de/10011256658
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Vulnerability in a Stochastic Dynamic Model
Elbers, Chris; Gunning, Jan Willem - Tinbergen Instituut - 2003
Most measures of vulnerability are a-theoretic and essentially static. In this paper we use a stochastic Ramsey model to find a household's optimal welfare and we measure vulnerability as the shortfall from the welfare attained if the household consumed permanently at the poverty line. The...
Persistent link: https://www.econbiz.de/10011256677
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Asymmetric Nash Solutions in the River Sharing Problem
Houba, Harold; Laan, Gerard van der; Zeng, Yuyu - Tinbergen Instituut - 2013
This discussion paper resulted in a publication in <I>Strategic Behavior and the Environment</I>, 2014, 4, 321-360.<P> We study multiple agents along a general river structure that is expressed by a geography matrix and who have access to limited local resources, quasi-linear preferences over water and...</p></i>
Persistent link: https://www.econbiz.de/10011256978
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Who wants Safer Streets? Explaining Concern for Public Safety in Brazil
Pradhan, Menno; Ravallion, Martin - Tinbergen Instituut - 2001
This discussion paper resulted in an article in the <I>Journal of Economic Psychology</I> (2003). Volume 24(1), pages 17-33.<P> Public action to prevent crime is often driven by concerns about public safety. But what generatesthose concerns ? ]s it crime, or something else ? Using survey data for Brazil,...</p></i>
Persistent link: https://www.econbiz.de/10011257266
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Auctioning and Selling Positions: A Non-cooperative Approach to Queuing Conflicts
Brink, Rene van den; Chun, Youngsub; Ju, Yuan - Tinbergen Instituut - 2014
This discussion paper resulted in a publication in the 'Journal of Economic Theory', 2014, 153, 33-45.<P> Complementary to the axiomatic and mechanism design studies on queueing problems, this paper proposes a strategic bargaining approach to resolve queueing conflicts. Given a situation where...</p>
Persistent link: https://www.econbiz.de/10011257404