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Sharing the Cost of Global Warming
VILLEMEUR, Etienne BILLETTE de; Leroux, Justin - Institut d'Économie Appliquée, HEC Montréal (École … - 2010
be financed according to countries’ responsibility for climate change. Because GHG decay very slowly, we argue that the … by adapting the responsibility theory of Bossert and Fleurbaey (1996) to a context with externalities. …
Persistent link: https://www.econbiz.de/10008511690
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Sharing the Cost of Global Warming
Villemeur, Étienne Billette de; Leroux, Justin - Centre Interuniversitaire sur le Risque, les Politiques … - 2010
be financed according to countries’ responsibility for climate change. Because GHG decay very slowly, we argue that the … by adapting the responsibility theory of Bossert and Fleurbaey (1996) to a context with externalities. …
Persistent link: https://www.econbiz.de/10008534102
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An Atkinson-Gini Family of Social Evaluation Functions
Araar, Abdelkrim; Duclos, Jean-Yves - Département d'Économique, Université Laval - 1998
We propose a class of social evaluation functions and of inequality indices which merge the useful features of the family of Atkinson (1970) and of S-Gini (Donaldson and Weymark (1980, 1983), Yitzhaki (1983) and Kakwani (1980)) indices. These social evaluation functions can be interpreted as...
Persistent link: https://www.econbiz.de/10005696443
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Can Warm Glow Alleviate Credit Market Failures? Evidence from Online Peer-to-Peer Lenders
Chemin, Matthieu; Laat, Joost de - Centre Interuniversitaire sur le Risque, les Politiques … - 2009
This paper looks at an institutional innovation in which Western investors lend peer-to-peer to poor country enterprises. Using a unique dataset from an online lending platform called MyC4, we find that MyC4’s Western lenders grant lower interest rates to pro-poor, socially responsible (SR),...
Persistent link: https://www.econbiz.de/10008528554
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A Collective Model of Household Behavior with Private and Public Goods: Theory and Some Evidence from U.S. Data
Donni, Olivier - Centre Interuniversitaire sur le Risque, les Politiques … - 2004
In the present paper, we adopt the collective approach to consumer behavior-which supposes that each household member is characterized by his/her own preferences and that the decision process results in Pareto-efficient outcomes-and assume, in addition, that agents are egoistic and consumption...
Persistent link: https://www.econbiz.de/10005670294
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Integrated Assessment of Climate Change Using an OLG Model
Leach, Andrew J. - Institut d'Économie Appliquée, HEC Montréal (École … - 2003
This paper presents an economy and climate model of 60 overlapping generations of finite lived agents and competitive firms interacting with a physical environment. Use of energy in production results in the release of carbon to the atmosphere which can affect global climate, and thus...
Persistent link: https://www.econbiz.de/10005784559
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Monopoly Pricing of an Antibiotic Subject to Bacterial Resistance
Herrmann, Markus - Centre Interuniversitaire sur le Risque, les Politiques … - 2009
We develop a dynamic bio-economic model of bacterial resistance and disease transmission in which we characterize the pricing policy of a monopolist who is protected by a patent. After expiration, the monopolist behaves competitively in a generic industry having open access to the common pool of...
Persistent link: https://www.econbiz.de/10008577821
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RESPONSIBILITY AND CROSS-SUBSIDIZATION IN COST SHARING
MOULIN, Hervé; SPRUMONT, Yves - Centre Interuniversitaire de Recherche en Économie … - 2002
different– commodities and are responsible for their own demand. Under partial responsibility the agents are not responsible for … true under full responsibility only if the cost function is symmetric in all individual demands. If the cost function is … additively separable, each agent pays her stand alone cost under full responsibility; this holds true under partial …
Persistent link: https://www.econbiz.de/10005353095
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Altruism, Intergenerational Transfers of Time and Bequests
CARDIA, Emanuela; MICHEL, Philippe - Département de Sciences Économiques, Université de … - 2003
capital is an increasing function of the intergenerational degree of altruism. However, while with time transfers the labor … supply of the young increases with the degree of altruism, with bequests it may decrease …
Persistent link: https://www.econbiz.de/10005353313
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Altruism, Intergenerational Transfers of Time and Bequests
CARDIA, Emanuela; MICHEL, Philippe - Centre Interuniversitaire de Recherche en Économie … - 2003
capital is an increasing function of the intergenerational degree of altruism. However, while with time transfers the labor … supply of the young increases with the degree of altruism, with bequests it may decrease. …
Persistent link: https://www.econbiz.de/10005729580