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Self-Enforcing International Environmental Agreements and Trade : Taxes Versus Caps
Eichner, Thomas - 2014
This paper studies within a multi-country model with international trade the stability of international environmental agreements (IEAs) when countries regulate carbon emissions either by taxes or caps. Regardless of whether coalitions play Nash or are Stackelberg leaders the principal message is...
Persistent link: https://www.econbiz.de/10013046588
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Stable Climate Coalitions (Nash) and International Trade
Eichner, Thomas; Pethig, Rudiger - 2021
non-coalition countries with regard to emissions and welfare and compare business as usual with the coalition … liberalization by moving from autarky to free trade. Although the coalition steps up its mitigation effort, world emissions rise … environment as well as for the coalition countries’ welfare and the aggregate welfare of all countries; it reduces the range of …
Persistent link: https://www.econbiz.de/10013315868
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Hanging Together or Being Hung Separately : The Strategic Power of Coalitions Where Bargaining Occurs with Incomplete Information
Konrad, Kai A. - 2013
members of the coalition group for equilibrium payoffs and welfare effects. In this analysis we also distinguishing between … coalition groups with and without side payments. Overall, coalition groups tend to perform well for the members of the coalition … group in comparison to fully decentralized negotiations, particularly if the objectives of the members of the coalition …
Persistent link: https://www.econbiz.de/10013087729
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The Fatter the Tail, the Fatter the Climate Agreement - Simulating the Influence of Fat Tails in Climate Change Damages on the Success of International Climate Negotiations
Dekker, Thijs; Dellink, Rob; Ketterer, Janina - 2021
International climate negotiations take place in a setting where uncertainties regarding the impacts of climate change are very large. In this paper, we examine the influence of increasing the probability and impact of large climate change damages, also known as the ‘fat tail’, on the...
Persistent link: https://www.econbiz.de/10013315816
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Equity as a Prerequisite for Stable Cooperation in a Public-Good Economy - The Core Revisited
Buchholz, Wolfgang; Peters, Wolfgang - 2021
distribution of cost shares that motivates some coalition of agents to separate and to block an initially given Pareto optimal … allocation which can be interpreted as the outcome of a negotiation process when all agents form a grand coalition …
Persistent link: https://www.econbiz.de/10013316192
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Worker Characteristics and Wage Differentials : Evidence from a Gift-Exchange Experiment
Englmaier, Florian - 2011
There is ample empirical evidence indicating that a substantial fraction of the population exhibits social preferences. Recent work also shows that social preferences influence the effectiveness of incentives in labor relations. Hence when making contracting decisions, employers should take into...
Persistent link: https://www.econbiz.de/10013118359
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The Consequences of Being Different - Statistical Discrimination and the School-to-Work Transition
Mueller, Barbara - 2011
When information about the true abilities of job-seekers and applicants are hard to get, statistical discrimination by employers can be an efficient strategy in the hiring and wage setting process. But statistical discrimination can induce costs, if labor relations cannot be terminated in the...
Persistent link: https://www.econbiz.de/10013130101
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Efficiency and Labor Market Dynamics in a Model of Labor Selection
Chugh, Sanjay K. - 2015
This paper characterizes efficient labor-market allocations in a labor selection model. The model's crucial aspect is cross-sectional heterogeneity for new job contacts, which leads to an endogenous selection threshold for new hires. With cross-sectional dispersion calibrated to microeconomic...
Persistent link: https://www.econbiz.de/10013017376
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Size Matters! Body Height and Labor Market Discrimination : A Cross-European Analysis
Cinnirella, Francesco; Winter, Joachim K. - 2021
Taller workers earn on average higher salaries. Recent research has proposed cognitive abilities and social skills as explanations for the height-wage premium. Another possible mechanism, employer discrimination, has found little support. In this paper, we provide some evidence in favor of the...
Persistent link: https://www.econbiz.de/10013316340
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Signaling to Experts
Kurlat, Pablo D. - 2017
We study competitive equilibrium in a signaling economy with heterogeneously informed buyers. In terms of the classic Spence (1973) model of job market signaling, firms have access to direct but imperfect information about worker types, in addition to observing their education. Firms can be...
Persistent link: https://www.econbiz.de/10012946849