Showing 1 - 10 of 51
-shaped or downward-sloping pattern. Corruption may affect this relationship in two distinct ways: by raising pollution at given … corruption on pollution. The indirect effect via income is positive or negative depending on the income level. If negative, the … corruption. Because this relationship is particularly strong at low income levels, developing countries can considerably improve …
Persistent link: https://www.econbiz.de/10011438821
This paper introduces a new and comprehensive dataset on “alternative” banks in EU and OECD countries. Alternative banks (e.g. ethical, social or sustainable banking) experienced a recent increase in media interest and have been hailed as an answer to the financial crisis but no research...
Persistent link: https://www.econbiz.de/10011280011
This paper argues that - in contrast to an often expressed view - the formation of larger and more powerful buyers need not reduce welfare by stifling suppliers' incentives. If contracts are determined in bilateral negotiations, the presence of larger buyers may both increase suppliers'...
Persistent link: https://www.econbiz.de/10002556787
We model competition between two unregulated mobile phone companies with price-elastic demand and less than full market coverage. We also assume that there is a regulated full-coverage fixed network. In order to induce stronger competition, mobile companies could have an incentive to raise their...
Persistent link: https://www.econbiz.de/10003005098
The paper analyzes the network structure of international trade. Adapting a network approach developed in the physical sciences, we propose that international trade functions like a scale-free network. For each commodity group we calculate a characteristic parameter which reflects the structure...
Persistent link: https://www.econbiz.de/10002927852
Recent literature on the workhorse model of intra-industry trade has explored heterogeneous cost structures at the firm level. These approaches have proven to add realism and predictive power. This note shows, however, that this added realism also implies that there may exist a positive...
Persistent link: https://www.econbiz.de/10002927935
In this paper, we develop the game-theoretic electricity market model ElStorM that includes the possibility of strategic electricity storage. We apply the model to the German electricity market and analyze different realistic and counterfactual cases of strategic and non-strategic pumped hydro...
Persistent link: https://www.econbiz.de/10003898588
The estimation of the costs of conflict is currently receiving a lot of attention in the literature. This paper aims to give a thorough overview of the existing literature, first by addressing the history of case studies that address conflict costs and second by looking at the existing body of...
Persistent link: https://www.econbiz.de/10003898591
We study the performance of different regulatory approaches for the expansion of electricity transmission networks in the light of realistic demand patterns and fluctuating wind power. In particular, we are interested in the relative performance of a combined merchant-regulatory mechanism...
Persistent link: https://www.econbiz.de/10009347966
It is increasingly observable that in different industries competitors jointly acquire and share customer data. We propose a modified Hotelling model with two-dimensional consumer heterogeneity to analyze the incentives for such agreements and their welfare implications. In our model the...
Persistent link: https://www.econbiz.de/10009261308