Showing 1 - 10 of 1,748
This paper investigates the choice of an intellectual protection regime for a process innovation. We set up a multi … probability that the right is upheld by the court, the cost of imitating a patented innovation relative to the cost of imitating a … secret innovation, and the innovation size defined as the extent of the cost reduction. The choice of the protection regime …
Persistent link: https://www.econbiz.de/10013317586
The Clean Development Mechanism (CDM) is a project-based carbon trade mechanism that subsidizes the users of climate-friendly technologies and encourages technology transfer. The CDM has provided financial support for a large share of Chinese wind projects since 2002. Using pooled...
Persistent link: https://www.econbiz.de/10013055392
commitment for the whole time horizon of infrastructure or innovation investments is impossible. The compatibility of incentive …
Persistent link: https://www.econbiz.de/10013316240
We analyze the role of imitation and innovation in promoting technological progress in new members of European Union …: the Czech Republic, Hungary, Poland and Slovakia. The two modes of technological development - innovation and imitation … - are distinguished from one another by identifying the dominant orientation of innovation efforts at the industry level …
Persistent link: https://www.econbiz.de/10013143835
We study the introduction of new technologies when their costs are subject to idiosyncratic uncertainty and can only be fully learned through individual experience. We set up a dynamic model of clean experience goods that replace old polluting consumption options and show how optimal regulation...
Persistent link: https://www.econbiz.de/10013088224
We investigate conditions that aggravate market failures in energy innovations, and suggest optimal policy instruments to address them. Using an intertemporal general equilibrium model we show that “small” market imperfections may trigger a several decades lasting dominance of an incumbent...
Persistent link: https://www.econbiz.de/10013068144
interaction mitigates or reinforces antagonism towards other groups, the micro-founded theory we develop predicts that a country …
Persistent link: https://www.econbiz.de/10012964695
How do countries compete for mobile tax base when they lack precise information on how tax rates affect the tax base? We present a multi-period version of a classic tax competition model in which countries set source-based taxes under incomplete information on the tax base elasticity. This...
Persistent link: https://www.econbiz.de/10012942996
The green paradox conveys the idea that climate policies may have unintended side effects when taking into account the reaction of fossil fuel suppliers. In particular, carbon taxes that will be implemented in the future induce resource owners to extract more rapidly which increases present...
Persistent link: https://www.econbiz.de/10013050467
This paper analyses the formation of international environmental agreements (IEAs) under uncertainty, focusing on the role of learning and risk aversion. It bridges two strands of literature: one focused on the role learning for the success of IEA formation when countries are risk neutral and...
Persistent link: https://www.econbiz.de/10013059058