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Did the Japanese patient follow the doctor's orders? Mostly no! A public choice analysis of greenhouse gas emissions trading schemes in Japan before and after the earthquake
Rudolph, Sven; Schneider, Friedrich - 2011
The Great Tôhoku-Earthquake and the following nuclear meltdown in Fukushima called the world's attention to Japans' energy and climate policy. Japan is one of the biggest emitters of greenhouses gases in the world and still far away from reaching its Kyoto target. Emissions trading systems have...
Persistent link: https://www.econbiz.de/10010278831
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The Effect of Social Distancing Measures on the Demand for Intensive Care: Evidence on COVID-19 in Scandinavia
Juranek, Steffen; Zoutman, Floris - 2020
Understanding the effectiveness of social distancing on the spread of COVID-19 is crucial to justify economically costly social distancing measures. We present a case study focusing on the three Scandinavian countries. Whereas Denmark and Norway imposed relatively strict measures, Sweden follows...
Persistent link: https://www.econbiz.de/10012214173
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Ties
Revelli, Federico - 2019
This paper investigates whether the rare occurrence of a local election ending in a tie or being decided by a single vote generates informational spill-overs on nearby localities' subsequent elections. First, based on the pivotal-voter theory, we develop a model of costly instrumental voting in...
Persistent link: https://www.econbiz.de/10012864930
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Policy Deviations, Uncertainty, and the European Court of Justice
Hefeker, Carsten; Neugart, Michael - 2013
rulings at the European Court of Justice (ECJ) are uncertain. We find that higher uncertainty about the preferences of the ECJ …
Persistent link: https://www.econbiz.de/10010292501
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The Ambiguity Triangle: Uncovering Fundamental Patterns of Behavior Under Uncertainty
Burghart, Daniel R.; Epper, Thomas; Fehr, Ernst - 2015
risk preferences. Here, we develop an analogous tool for choice under uncertainty – the ambiguity triangle – and show that …
Persistent link: https://www.econbiz.de/10011307090
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Closed-Form Integrated Assessment and Uncertainty
Traeger, Christian - 2015
is comparable to numeric models used in policy advising. Uncertainty surrounding climate change remains large. The closed …-form expressions of welfare loss from shocks and epistemological uncertainty identify the interaction of (intertemporal) risk attitude …, distributional moments, and the climatic shadow values. Welfare gains from reducing uncertainty about temperature feedbacks are much …
Persistent link: https://www.econbiz.de/10011307130
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Investment Effects of Wealth Taxes under Uncertainty and Irreversibility
Niemann, Rainer; Sureth-Sloane, Caren - 2015
taxes on investment timing under uncertainty and irreversibility and the propensity to carry out risky projects. Using a …
Persistent link: https://www.econbiz.de/10011388282
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The Surprisingly Swift Decline of U.S. Manufacturing Employment
Pierce, Justin R.; Schott, Peter K. - 2014
This paper finds a link between the sharp drop in U.S. manufacturing employment beginning in 2001 and a change in U.S. trade policy that eliminated potential tariff increases on Chinese imports. Industries where the threat of tariff hikes declines the most experience more severe employment...
Persistent link: https://www.econbiz.de/10010328710
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Technology Transfers for Climate Change
Elsayyad, May; Morath, Florian - 2013
This paper considers investments in cost-reducing technology in the context of contributions to climate protection. Contributions to mitigating climate change are analyzed in a two-period model where later contributions can be based on better information, but delaying the contribution to the...
Persistent link: https://www.econbiz.de/10010328780
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On Welfare Frameworks and Catastrophic Climate Risks
Millner, Antony - 2013
uncertainty about the effects of increased greenhouse gas concentrations on climate. Criticisms of this controversial result fall …
Persistent link: https://www.econbiz.de/10010328782