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in an attempt to impose one's own standards on another country's environment, or when trade liberalization is opposed by … coal and food, trade liberalization could well improve rather than worsen the global environment. …
Persistent link: https://www.econbiz.de/10005497787
empirical literature on trade and the environment and shows that the empirical evidence of a close link between international …
Persistent link: https://www.econbiz.de/10005666939
some applications of our theory such as impulse buying, destruction of the environment and preservation of endangered …
Persistent link: https://www.econbiz.de/10005788961
for them both when costs come before and after benefits: it decreases the agents' incentives to procrastinate (i.e. to …
Persistent link: https://www.econbiz.de/10005789200
In this Paper we argue that the political incentives that resource endowments generate are the key to understanding … political incentives map into policy outcomes. Countries with good institutions tend to benefit from resource booms since these … institutions mitigate the perverse political incentives that such booms create. Countries with bad institutions suffer a resource …
Persistent link: https://www.econbiz.de/10005067503
Price volatility, reflecting the ability to absorb exogenous supply- or demand shocks, is an important dimension of market performance. In this paper we present a model to study the factors determining the price volatility of markets of basic foodstuffs in pre industrial societies. This model is...
Persistent link: https://www.econbiz.de/10009246614
Previous research shows that firms shroud high add-on prices in competitive markets with naive consumers leading to inefficiency. We analyze the effects of regulatory intervention via educating naive consumers on equilibrium prices and welfare. Our model allows firms to shroud, unshroud, or...
Persistent link: https://www.econbiz.de/10009367427
The Paper analyses the funding of an infrastructure project (high speed train line, platform, tunnel, harbor, regional airport, fibre-to-the-home network, etc.) in a situation in which an incumbent operator has private information about market profitability (demand, cost) and the infrastructure...
Persistent link: https://www.econbiz.de/10005662107
We develop a general theoretical framework of trade on a platform on which buyers and sellers interact. The platform may be owned by a single large, or many small independent or vertically integrated intermediaries. There also may be free entry into the market for platform slots, or platform...
Persistent link: https://www.econbiz.de/10005662172
This paper examines Norwegian gasoline pump prices using daily station-specific observations from March 2003 to March 2006. Whereas studies that have analyzed similar price cycles in other countries find support for the Edgeworth cycle theory (Maskin and Tirole, 1988), we demonstrate that...
Persistent link: https://www.econbiz.de/10005666514