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Can Numerical Models Estimate Indirect Land-Use Change?

Brunelle, Thierry; Dumas, Patrice - 2012

Motivated by the conclusions from various modelling studies, modifications to the bioenergy sector regulations are under way in Europe and in the USA to account for emissions from indirect land-use change (ILUC). Despite their influence on the policy-making, evaluations of the capacity of...

Persistent link: https://www.econbiz.de/10014164708

Under-Connected and Over-Connected Networks

Buechel, Berno - 2009

Since the seminal contribution of Jackson & Wolinsky 1996 [A Strategic Model of Social and Economic Networks, JET 71 …, 44-74] it has been widely acknowledged that the formation of social networks exhibits a general conflict between … general results that relate situations of positive externalities with stable networks that cannot be 'too dense' in a well …

Persistent link: https://www.econbiz.de/10013157466

EU ETS Facets in the Net : How Account Types Influence the Structure of the System

Borghesi, Simone - 2016

In this work, we investigate which countries have been more central during Phases I and II of the European Emission Trading Scheme (EU ETS) with respect to the different types of accounts operating in the system. We borrow a set of centrality measures from Network Theory's tools to describe how...

Persistent link: https://www.econbiz.de/10012997674

Naive Learning in Social Networks : Convergence, Influence and Wisdom of Crowds

Jackson, Matthew O.; Golub, Benjamin - 2012

networks for which there is a convergence of beliefs. Finally, we survey some recent structural results on the speed of …

Persistent link: https://www.econbiz.de/10014049685

Privatization and Efficiency : From Principals and Agents to Political Economy

Cavaliere, Alberto - 2006

We survey the theoretical literature on privatization and efficiency by tracing its evolution from the applications of agency theory to recent contributions in the field of political economy. The first ones extend the theory of regulation with incomplete information to address privatization...

Persistent link: https://www.econbiz.de/10012733299

Termination Fees and Contract Design in Public-Private Partnerships

Buso, Marco - 2019

We study the effects of granting an exit option that enables the private party to early terminate a PPP project if it turns out to be loss-making. In a continuous time setting with hidden information about stochastic operating profits, we show that a revenue-maximizing government can optimally...

Persistent link: https://www.econbiz.de/10012895272

A Theory of Firm Decline

Clementi, Gian Luca; Cooley, Thomas F.; Di Giannatale, … - 2010

We study the problem of an investor that buys an equity stake in an entrepreneurial venture, under the assumption that the former cannot monitor the latter’s operations. The dynamics implied by the optimal incentive scheme is rich and quite different from that induced by other models of...

Persistent link: https://www.econbiz.de/10014191904

What's the Damage? Environmental Regulation with Policy-Motivated Bureaucrats

Voss, Achim; Lingens, Jörg - 2014

Many environmental-policy problems are characterized by complexity and uncertainty. Government’s choice concerning these policies commonly relies on information provided by a bureaucracy. Environmental bureaucrats often have a political motivation of their own, so they might be tempted to...

Persistent link: https://www.econbiz.de/10014143930

Contagion Risk and Network Design

Cerdeiro, Diego - 2015

mitigated in a diametrically opposite way: namely, by creating dense networks that expose the individuals to the risk of …

Persistent link: https://www.econbiz.de/10013020985

Information Sharing Networks in Linear Quadratic Games

Currarini, Sergio; Feri, Francesco - 2013

stable networks for the general linear quadratic game. For the case of correlated signals, we study pair-wise stable networks …

Persistent link: https://www.econbiz.de/10014157263

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