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Persistent link: https://www.econbiz.de/10008526645
We consider the relationship between a localcommunity and a private operator in charge ofthe water utility. An important feature of themodel is the possibility of water networklosses that are costly to the operator. Wecompute the first-best and asymmetricinformation solutions to the optimal...
Persistent link: https://www.econbiz.de/10005722090
In a laboratory experiment we test three regulations imposed on a common-pool resource game with heterogeneous users: an access fee and subsidy scheme, transferable quotas and non-transferable quotas. We calibrate the game so that all regulations improve users’ profits compared to free-access...
Persistent link: https://www.econbiz.de/10010862733
Persistent link: https://www.econbiz.de/10010862798
This study investigates the structure of industrial water demand byestimating the derived demand for water on a sample of industrialestablishments located in the south-west of France. Productiontechnologies are represented by short-term variable cost functions andapproximated by a translog form....
Persistent link: https://www.econbiz.de/10005684384
Using the Chakravorty et al. (J Econ Dyn Control 30:2875–2904, <CitationRef CitationID="CR6">2006</CitationRef>) ceiling model, we characterize the optimal consumption paths of three energy resources: dirty oil, which is non-renewable and carbon emitting; clean oil, which is also non-renewable but carbon-free thanks to an abatement...</citationref>
Persistent link: https://www.econbiz.de/10010987541