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Boundedly rational decision emergence : a general perspective and some selective illustrations

Güth, Werner - 2000

A general framework is described specifying how boundedly rational decision makers generate their choices. Starting from a Master Module which keeps an inventory of previously successful and unsuccessful routines several submodules can be called forth which either allow one to adjust behavior...

Persistent link: https://www.econbiz.de/10009781608

Global environmental agreements and international trade : asymmetry of countries matters

Eichner, Thomas; Pethig, Rüdiger - 2014

climate policy takes the form of carbon emission taxation and fossil fuel and consumption goods are traded on world markets …

Persistent link: https://www.econbiz.de/10010428830

Forging a global environmental agreement through trade sanctions on free riders?

Eichner, Thomas; Pethig, Rüdiger - 2015

This paper studies the formation of self-enforcing global environmental agreements in a world economy with …

Persistent link: https://www.econbiz.de/10011281297

Do foreign aid transfers distort incentives and hurt growth? : theory and evidence from 75 aid-recipient countries

Oikonomidēs, Geōrgios; Kalyvitēs, Sarantēs; … - 2004

In this paper, foreign aid transfers can distort individual incentives, and hence hurt growth, by encouraging rent-seeking as opposed to productive activities. We construct a model of a small growing open economy that distinguishes two effects from foreign transfers: (i) a direct positive...

Persistent link: https://www.econbiz.de/10011402546

How important are IEAs for mitigation if countries are of the homo moralis type?

Eichner, Thomas; Pethig, Rüdiger - 2024

We analyze international environmental agreements in a two-stage game when governments have homo moralis preferences à la Alger and Weibull (2013, 2016). The countries base their decisions on the material payoff obtained on the hypothesis that all other countries act as they with predetermined...

Persistent link: https://www.econbiz.de/10014507803

Optimal pest control in agriculture

Christiaans, Thomas (contributor); … - 2005

Based on economic methodology we model an ecosystem with two species in predator-prey relationship: mice feed on grain and grain feeds on a resource. With optimizing behaviour of individual organisms a short-run ecosystem equilibrium is defined and characterized that depends on the farmer’s...

Persistent link: https://www.econbiz.de/10003113272

Should green governments give priority to environmental policies over growth-enhancing policies?

Oikonomidēs, Geōrgios (contributor); … - 2005

This paper studies the properties of second-best optimal policy in a standard general equilibrium model of growth augmented with renewable natural resources. The government chooses its policy instruments (the income tax rate and the allocation of collected tax revenues between public investment...

Persistent link: https://www.econbiz.de/10002756193

Efficient management of insecure fossil fuel Imports through taxing (!) domestic green energy?

Eichner, Thomas; Pethig, Rüdiger - 2010

A small open economy produces a consumer good, green and black energy, and imports fossil fuel at an uncertain price. Unregulated competitive markets are shown to be inefficient. The implied market failures are due to the agents' attitudes toward risk, to risk shifting and the uniform price for...

Persistent link: https://www.econbiz.de/10003969720

Public providers, versus private providers, of public goods : a general equilibrium study of the role of the state

Oikonomidēs, Geōrgios; Philippopulos, Apostolēs; … - 2011

This paper studies the difference between public production and public finance of public goods in a dynamic general equilibrium setup. By public finance, we mean that the public good is produced by private providers with the government financing their costs. When the model is calibrated to match...

Persistent link: https://www.econbiz.de/10009130257

Flattening the carbon extraction path in unilateral cost-effective action

Eichner, Thomas; Pethig, Rüdiger - 2011

Internalizing the global negative externality of carbon emissions requires flattening the extraction path of world … fossil energy resources (= world carbon emissions). We consider governments having sign-unconstrained emission taxes at their … disposal and seeking to prevent world emissions from exceeding some binding aggregate emission ceiling in the medium term. Such …

Persistent link: https://www.econbiz.de/10009261795