Showing 1 - 10 of 53
and on technological innovation. The extended regime in which cooperation takes place on both dimensions (GHG emissions … innovation and diffusion (without targets on emissions). …
Persistent link: https://www.econbiz.de/10011409394
Since governments can influence the demand for a new abatement technology through their environmental policy, they may be able to expropriate innovations in new abatement technology ex post. This suggests that incentives for environmental R&D may be lower than the incentives for market goods...
Persistent link: https://www.econbiz.de/10009130253
increase mirroring the social cost of carbon. We find that the induced clean innovation response primarily comes from existing …
Persistent link: https://www.econbiz.de/10014383723
I develop a stylized model of court procedures that resolve disputes concerning FRAND-encumbered standard essential patents (SEPs). I analyze the effects of injunctions and potential court-imposed FRAND rates on negotiated royalty rates. The SEP-holders' ability to hold-up is constrained by the...
Persistent link: https://www.econbiz.de/10010418280
possibility of the opposite. -- Net neutrality ; investment (innovation) incentives ; queuing theory ; hold-up problem ; two …This paper analyzes the effects of net neutrality regulation on investment incentives for Internet service providers … trade of the first-priority. Concerning the ISP’s investment incentives, we find that capacity expansion affects the sale …
Persistent link: https://www.econbiz.de/10003749685
We show that concerns for fairness may have dramatic consequences for the optimal provision of incentives in a moral hazard context. Incentive contracts that are optimal when there are only selfish actors become inferior when some agents are concerned about fairness. Conversely, contracts that...
Persistent link: https://www.econbiz.de/10011398105
It has been argued that monetary incentives restrain individual creativity and hamper performance in jobs requiring out of the box thinking. This paper reports from an experiment designed to test if the negative incentive effect is present also when individuals work together to solve such...
Persistent link: https://www.econbiz.de/10009786022
. This paper analyses the investment incentives of such agents and the role of incumbency advantages in the contest …. Depending on the advantages, an increase in the productivity of the investment can decrease or increase the amount of investment …. The results are applied to autocrats' investment behavior and job specific investment in organizations. …
Persistent link: https://www.econbiz.de/10011409735
Persistent link: https://www.econbiz.de/10012534177
Previous literature widely assumes that taxes are optimized in local public finance while expenditures adjust residually. This paper endogenizes the choice of the optimization variable. In particular, it analyzes how federal policy toward local governments influences the way local governments...
Persistent link: https://www.econbiz.de/10003749644