Showing 1 - 10 of 1,671
of the system, under various institutional arrangements, through the initial allocation of permits …
Persistent link: https://www.econbiz.de/10013136241
In this paper we experimentally investigate whether partial coercion can in combination with conditional cooperation increase contributions to a public good. We are especially interested in the behavior of the non-coerced populations. The main finding is that in our setting conditional...
Persistent link: https://www.econbiz.de/10013120907
inefficiency of a household resource allocation does not however refute the hypothesis that it chooses this resource allocation as … necessary to show that the observed allocation does not represent a second best optimum. For this it will be necessary to show … the allocation does not hold …
Persistent link: https://www.econbiz.de/10012771691
allocation between policy bloc and fringe are both inefficient. When firms buy offsets directly from the fringe and all quotas …. The former (latter) case occurs when free allocation of quotas is not (very) generous, and the offset market is large …
Persistent link: https://www.econbiz.de/10013059018
The growing finance wage premium is related to a modest net reallocation of skilled workers from non-finance sectors into finance in a broad sample of 24 countries over 35 years. The reallocation is higher when the finance wage premium grows faster than the contribution of the financial sector...
Persistent link: https://www.econbiz.de/10012922660
We extend the standard public good provision model to allow players to either like or dislike the public characteristic. Those who dislike it are able to take actions to reduce its level. We present conditions under which the existence of a unique non-cooperative equilibrium is retained, and...
Persistent link: https://www.econbiz.de/10013315892
right to allocate society's resources, and we allow for costly inter-group mobility. The winning group offers an allocation …
Persistent link: https://www.econbiz.de/10013315939
We study a two-sided markets model of two competing television stations that offer content of differentiated quality to ad-averse consumers and advertising space to firms. As all consumers prefer high over low quality content, competition for viewers is vertical. By contrast, competition for...
Persistent link: https://www.econbiz.de/10013122127
This paper analyzes the effects of net neutrality regulation on investment incentives for Internet service providers (ISPs) and content providers (CPs), and their implications for social welfare. We show that the ISP's decision on the introduction of discrimination across content depends on a...
Persistent link: https://www.econbiz.de/10013316480
Currently, U.S. and EU telecommunications policies differ in many respects. For example, wholesale access to local loops is largely deregulated in the U.S. but continues to be regulated in the EU. Or, the U.S. has an elaborate universal service policy with a set of universal service funds and...
Persistent link: https://www.econbiz.de/10013051376