This paper evaluates alternative strategic models of competition and market structure inonline retailing, and makes comparisons with traditional retailing. Online consumers areless concerned than traditional consumers about spatial characteristics and moreconcerned about hidden quality...

Carbon leakage is a major concern for policymakers involved with environmentalinitiatives such as the European Unions emissions trading scheme and similar cap-and-trade proposals in the United States, Australia, and elsewhere. This paperprovides a framework for understanding the drivers...

This paper examines the amount of grandfathering needed for an emissionstrading scheme (ETS) to have a neutral impact on firm profits. Weprovide a simple formula to calculate profit-neutral grandfathering in aCournot model with firms of different sizes and a general demand function.Using this...