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You Only Die Once : Managing Discrete Interdependent Risks

Heal, Geoffrey - 2003

This paper extends our earlier analysis of interdependent security issues to a general class of problems involving discrete interdependent risks with heterogeneous agents. There is a threat of an event that can only happen once, and the risk depends on actions taken by others. Any agent's...

Persistent link: https://www.econbiz.de/10012468812

Threats and Promises

Eaton, Jonathan - 1994

Global environmental concerns have increased the sensitivity of governments and other parties to the actions of those outside their national jurisdiction. Parties have tried to extend influence extraterritorially both by promising to reward desired behavior and by threatening to punish undesired...

Persistent link: https://www.econbiz.de/10012474062

Coordinating Separate Markets for Externalities

Abito, Jose-Miguel - 2018

We show that inefficiencies from having separate markets to correct an environmental externality are significantly mitigated when firms participate in an integrated product market. Firms take into account the distribution of externality prices and reallocate output from markets with high prices...

Persistent link: https://www.econbiz.de/10012453234

Does Disease Cause Vaccination? Disease Outbreaks and Vaccination Response

Oster, Emily - 2016

Childhood vaccinations are an important input to disease prevention, but vaccination rates have declined over the last decade due largely to parental fears about vaccine dangers. Education campaigns on the safety of vaccines seem to have little impact. Anecdotal evidence on disease outbreaks...

Persistent link: https://www.econbiz.de/10012456213

Geography, Policy, or Productivity? Regional Trade in five South American Countries, 1910-1950

Badia-Miró, Marc - 2014

Regional trade in South America since independence has long been much smaller than would be expected if geography were the only constraint on trade. Several potential explanations exist: low technological and demand complementarities; low productivity; high natural and policy barriers to trade....

Persistent link: https://www.econbiz.de/10012457876

A Supply Curve for Forest-Based CO₂ Removal

Franklin, Sergio Luis; Pindyck, Robert S. - National Bureau of Economic Research - 2024

Forestation is viewed as an important means of removing CO₂ from the atmosphere and thereby reducing net CO₂ emissions. But how much CO₂ can be removed, and at what cost? Focusing on forested and forestable areas in South America, and using spatially disaggregated data, we estimate a...

Persistent link: https://www.econbiz.de/10014512061

Consumption Externalities and Diffusion in Pharmaceutical Markets : Antiulcer Drugs

Berndt, Ernst R. - 2000

We examine the role of consumption externalities in the demand for pharmaceuticals at both the brand level and over a … equations describing the dynamic adjustment process. We find that consumption externalities influence both valuations and rates …

Persistent link: https://www.econbiz.de/10012470978

Tax Externalities of Equity Mutual Funds

Shoven, John B. - 2000

capital gain position of the fund. This paper's simulations show that these externalities are important determinants of the …

Persistent link: https://www.econbiz.de/10012471098

Preference Externalities : An Empirical Study of Who Benefits Whom in Differentiated Product Markets

Waldfogel, Joel - 1999

externalities', an increase in the size of the market brings forth additional products valued by others with similar tastes. But who … benefits whom? We examine the patterns of and mechanisms for preference externalities between black and white and between … preference externalities are large and positive within groups, they are small and possibly negative across groups. For example …

Persistent link: https://www.econbiz.de/10012471394

The Environmental Regime in Developing Countries

Jha, Raghbendra - 1999

This paper discusses the environmental externalities that are commonly found in the developing world (the environmental …

Persistent link: https://www.econbiz.de/10012471479

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