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On the profitability of cross-ownership in Cournot oligopolies : stock sizes matter

Benchekroun, Hassan; Dai, Miao; Long, Ngo Van - 2020

We examine the profitability of cross-ownership in an oligopolistic industry where firms compete as Cournot rivals. We consider a symmetric cross-ownership structure in which a subset of k firms engage in cross-shareholding and each firm has an equal silent financial interest in the other firms,...

Persistent link: https://www.econbiz.de/10012263696

The risk of policy tipping and stranded carbon assets

Ploeg, Frederick van der; Rezai, Armon - 2019 - Revised July 2019

If global warming is to stay below 2°C, there are four risks of assets stranding. First, substantial fossil fuel reserves will be stranded at the end of the fossil era. Second, this will be true for exploration capital too. Third, unanticipated changes in present or expected future climate...

Persistent link: https://www.econbiz.de/10012039083

Das Problem weltmarktlicher Arzneimittelversorgung : ein Vergleich alternativer Argumentationsstrategien für eine globale Ethik

Pies, Ingo; Hielscher, Stefan - 2007

Ansatz einer ökonomischen Theorie der Moral. Untersucht wird, wie die beiden Ansätze dem moralischen Anliegen vorarbeiten …, die internationale Versorgung mit Arzneimitteln zu verbessern, d.h. wie sie als Theorie dem praktischen Missstand … einer ökonomischen Theorie der Moral primär darin, dass in armen Ländern vielfach die institutionellen Voraussetzungen …

Persistent link: https://www.econbiz.de/10011757912

The international provision of pharmaceuticals: a comparison of two alternative theoretical strategies for global ethics

Pies, Ingo; Hielscher, Stefan - 2007

Millions of people in the developing world lack access to curative drugs. Thomas Pogge identifies the cause for this … countries hinder the poor from expressing their needs as actual demand on the market. From a theory point of view, the major …

Persistent link: https://www.econbiz.de/10011757929

The green paradox in open economies

Long, Ngo Van - 2014

This paper explains how, in the context of incomplete coordination among all countries, unilateral policies that might at first sight seem pro-green could actually turn out to harm the global environment. The free-riding motives and the difficulty of reaching an effective international...

Persistent link: https://www.econbiz.de/10010245993