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Experimentation in two-sided markets
Peitz, Martin; Rady, Sven; Trepper, Piers - 2015
optimal level. This interplay between learning and surplus extraction is crucial to the market outcome and its dynamics. …
Persistent link: https://www.econbiz.de/10010518802
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Harvesting a remote renewable resource
Bayındır-Upmann, Thorsten; Behringer, Stefan - 2017
In standard models of spatial harvesting, the resource is distributed over the complete domain and the agent is able to control the harvesting activity everywhere all the time. In some cases though, it is more realistic to assume that the resource is located at a single point in space and that...
Persistent link: https://www.econbiz.de/10011749978
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Sinking land : Optimal control of subsidence
Sen, Suphi; Verhoeven, Dewy; Weikard, Hans-Peter - 2023
Land subsidence threatens the living conditions of roughly 1.2 billion people worldwide in deltaic regions characterized by soft top soil. Economic activity in deltaic regions requires lowering the groundwater levels to keep the land sufficiently dry to maintain productivity, which, however,...
Persistent link: https://www.econbiz.de/10014382946
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School feeding and learning achievement : evidence from India's midday meal program
Chakraborty, Tanika; Jayaraman, Rajshri - 2016
We study the effect of the world's largest school feeding program on children's learning outcomes. Staggered … that midday meals have a dramatic positive effect on learning achievement: children with up to 5 years of primary school … improvement including enrollment and nutrition-learning effects, heterogeneous responses by socio-economic status, complementary …
Persistent link: https://www.econbiz.de/10011502742
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Going offshore : investments in German wind energy under uncertainty
Chen, Yu-Fu; Funke, Michael - 2015
Employing a continuous-time real options modeling framework, this paper scrutinizes the incentives to invest in German offshore wind farms. The focus of the analysis is the mode of action of the German feed-in tariff system for offshore wind energy deployment. The numerical results reveal that...
Persistent link: https://www.econbiz.de/10011283826
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The social cost of carbon with intragenerational inequality under economic uncertainty
Ploeg, Frederick van der; Emmerling, Johannes; Groom, … - 2022
A formula is derived for the social cost of carbon (SCC) that takes account of intragenerational income inequality and its evolution with economic growth. The social discount rate (SDR) should be adjusted to account for intragenerational and intergenerational inequality aversion and for risk...
Persistent link: https://www.econbiz.de/10013206181
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Optimal climate policy as if the transition matters
Campiglio, Emanuele; Dietz, Simon; Venmans, Frank - 2022
The optimal transition to a low-carbon economy must account for adjustment costs in switching from dirty to clean capital, technological progress, and economic and climatic shocks. We study the low-carbon transition using a dynamic stochastic general equilibrium model with emissions abatement...
Persistent link: https://www.econbiz.de/10013472310
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Balancing the risk of tipping : early warning systems from detection to management
Diekert, Florian; Heyen, Daniel; Nesje, Frikk; Shayegh, … - 2024
Early warning signals (EWS) of imminent regime shifts can be identified through the observation of a system's behavior under increasing stress and before crossing a tipping point. Despite many advances in the detection of EWS in recent years, EWS are yet to find direct application in management....
Persistent link: https://www.econbiz.de/10014456168
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Private information and optimal infant industry protection
Ravikumar, B.; Riezman, Raymond Glenn; Zhang, Yuzhe - 2022
foreign competitors. The industry can stochastically lower its cost via learning by doing. Whether the industry has …
Persistent link: https://www.econbiz.de/10013206084
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Processing immigration shocks : firm responses on the innovation margin
Gray, Rowena; Montresor, Giulia; Wright, Greg C. - 2017
The extent to which firms respond to labor supply shocks has important implications for local and national economies. We exploit firm-level panel data on product and process innovation activities in the United Kingdom and find that the large, low-skill labor supply (immigration) shock generated...
Persistent link: https://www.econbiz.de/10011718191