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Matching as a cure for underprovision of voluntary public good supply : analysis and an example
Buchholz, Wolfgang; Cornes, Richard; Rübbelke, Dirk T. G. - 2011
Matching mechanisms are regarded as an important instrument to bring about Pareto optimal allocations in a public good … interior matching equilibrium, however, emerges only under very special conditions. But we show in this note that corner … results by a simple numerical example. -- public goods ; matching ; Pareto optimality …
Persistent link: https://www.econbiz.de/10009011305
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Potentially harmful international cooperation on global public good provision
Buchholz, Wolfgang; Cornes, Richard; Rübbelke, Dirk T. G. - 2012
-called matching approaches. Matching schemes are regarded as providing a promising approach to overcome undersupply of public goods … like climate protection. The functioning of matching mechanisms in a setting with an incomplete agreement, i.e. a contract … by analyzing incomplete matching agreements in the context of international climate protection. We analyse their effect …
Persistent link: https://www.econbiz.de/10009570868
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Testing the Pareto efficiency of household resource allocations
Apps, Patricia (contributor); Rees, Ray (contributor) - 2008
Persistent link: https://www.econbiz.de/10003712621
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Does indirect tax harmonization deliver pareto improvements in the presence of global public goods?
Karakosta, Ourania; Kotsogiannēs, Chrēstos; … - 2009
This paper identifies conditions under which, starting from any tax distorting equilibrium, destination- and origin-based indirect tax-harmonizing reforms are potentially Pareto improving in the presence of global public goods. The first condition (unrequited transfers between governments)...
Persistent link: https://www.econbiz.de/10003850162
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Pareto optimality in the extraction of fossil fuels and the greenhouse effect : a note
Sinn, Hans-Werner (contributor) - 2007
Persistent link: https://www.econbiz.de/10003598656
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Migrating football players, transfer fees and migration controls
Verbon, Harrie (contributor) - 2007
Persistent link: https://www.econbiz.de/10003498579
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Coordinating climate and trade policies : Pareto efficiency and the role of border tax adjustments
Keen, Michael; Kotsogiannēs, Chrēstos - 2011
This paper explores the role of trade instruments in globally efficient climate policies, focusing on the central issue of whether border tax adjustment (BTA) is warranted when carbon prices differ internationally. It shows that tariff policy has a role in easing crosscountry distributional...
Persistent link: https://www.econbiz.de/10009153840
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On modes of economic governance
Dixit, Avinash K. - 2001
I consider transactions involving asymmetric prisoners dilemmas between pairs of players selected chosen from two large populations. Games are played repeatedly, but information about cheating is not adequate to sustain cooperation, and there is no official legal system of contract enforcement....
Persistent link: https://www.econbiz.de/10011400856
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Pareto improving climate policies : distributing the benefits across generations and regions
Hoel, Michael; Kittelsen, Sverre A. C.; Kverndokk, Snorre - 2015
Most studies show that the present generation has to take the burden and reduce consumption to mitigate future climate change. However, significant climate change is due to a market failure, and corrections of market failures give possibilities of Pareto improvements. In this paper, we study the...
Persistent link: https://www.econbiz.de/10011309590
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A Pareto-improving minimum wage
Danziger, Eliav; Danziger, Leif - 2014
This paper shows that a graduated minimum wage, in contrast to a constant minimum wage, can provide a strict Pareto improvement over what can be achieved with an optimal income tax. The reason is that a graduated minimum wage requires high-productivity workers to work more to earn the same...
Persistent link: https://www.econbiz.de/10010347043