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Traditional economic theory describes economic agents as being perfectly rational. According to this approach, agents posses all necessary information and have the ability to process this information to make the best decision for maximizing their profit. However, in the real world this...
Persistent link: https://www.econbiz.de/10010678236
The European Union has implemented demand push and technology pull policies to foster innovation on the energy and … rarely treats product and process innovation separately and product quality is, in the best case, exogenous. We develop a … dynamic multi-sector CGE model that distinguishes between R&D-based process innovation for all firms, endogenous product …
Persistent link: https://www.econbiz.de/10011168615
In this contribution we describe how green policies should be designed to activate private innovation forces for … private green innovation machine. We try to assess how strong which types of government interventions have and can be to power … the green innovation machine. An important insight from the economic analysis of the effectiveness of the public …
Persistent link: https://www.econbiz.de/10011099528
This short paper considers all possible stakeholders in different stages of a sustainability transition and matches their behavioral features and diversity to policies. This will involve an assessment of potential or expected responses of stakeholders to a range of policy instruments. Following...
Persistent link: https://www.econbiz.de/10011163463